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Mvc Software Limited

05309962

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SOLAR HOUSE, LONDON, N14 6NZ
Incorporated 10/12/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Ms Konstantina Economou

secretary · Since 10/12/2004

ADMINISTRATOR

GREEK · Age 61

Mr Christos Korras

director · Since 10/12/2004

SOFTWARE ENGINEER

GREEK · ENGLAND · Age 67

Persons with Significant Control

Mr Christos Korras

Significant control

Greek · England · Age 67

Solar House, 282 Chase Road, London, N14 6NZ

Notified 06/04/2016

CompanyRankvs 133593+ SIC 70229 peers
39

Financial strength2th percentile among SIC peers · 1/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£92k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£84k

Working capital

Current Assets

£9k

Current Liabilities

£93k

Fixed Assets

£6k

Debtors

£74

1avg. employees

Tax at Year End(2020)

VAT£3k

Director Loans(2023)

Company owes directors£86k

Balance Sheet

Assets less current liabilities-£79k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.09-£22k
20230.41-£22k
20220.24-£32k
20211.05-£25k
20202.91-£8k£69k
20191.28+£15k£140k
20181.01£118k

Derived from filed accounts. Not audited figures.