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Electronic Card Acceptance Company Limited

05652935

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O CALM ACCOUNTANCY BEDFORD I-LAB, BEDFORD, MK44 3RZ
Incorporated 13/12/2005

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

64910
Financial leasing

Officers

Mr Frank Thompson Simpson

director · Since 01/01/2011

DIRECTOR

AMERICAN · UNITED STATES · Age 80

Also on 1 other board

Mr Simon Paul Whitfield

director · Since 15/08/2022

TELECOMUNICATIONS

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mrs Karen Leigh Simpson

secretary · Since 01/01/2025

Persons with Significant Control

Mrs Karen Leigh Simpson

50–75% shares
50–75% votes

American · United States · Age 76

C/O Calm Accountancy, Bedford I-Lab, Bedford, MK44 3RZ

Notified 29/06/2020

Former PSCs

Mr Simon Barrie Pond

Ceased 29/06/2020

Charges1 outstanding

charge
outstanding

THYRON SYSTEMS LIMITED

Created 19/05/2006Registered 07/06/2006

CompanyRankvs 528+ SIC 64910 peers
34

Financial strength7th percentile among SIC peers · 2/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 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.

Risk deductions

Outstanding charges: -10 pts

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

-£21k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£18k

Current Liabilities

£39k

Debtors

£13k

2avg. employees

Tax at Year End(2023)

Corp tax£3k
VAT£275

Director Loans(2021)

Company owes directors£2k

Balance Sheet

Assets less current liabilities-£21k
Signed by Mr Frank Simpson 25/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.47-£2k
20230.90-£42k£6k
20221.93-£36k£34k
20213.51£42k

Derived from filed accounts. Not audited figures.