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Artesian Solutions Limited

05667880

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

1 NEW STREET SQUARE, LONDON, EC4A 3HQ
Incorporated 06/01/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62020
Information technology consultancy activities

Officers

Mr Pierre Naude

director · Since 05/11/2024

DIRECTOR

AMERICAN · UNITED STATES · Age 67

Also on 3 other boards

Gregory Orenstein

director · Since 05/11/2024

DIRECTOR

AMERICAN · UNITED STATES · Age 56

Also on 3 other boards

Mrs April Rieger

director · Since 05/11/2024

DIRECTOR

AMERICAN · UNITED STATES · Age 46

Also on 4 other boards

Persons with Significant Control

Ncino Global Ltd

75–100% shares
75–100% votes
Appoint directors

C/O Corporation Service Company (Uk) Limited, 5 Churchill Place, London, E14 5HU

Notified 05/11/2024

Former PSCs

Octopus Titan Vct Plc

Ceased 31/07/2021

Charges0 outstanding

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CompanyRankvs 4910+ SIC 58290 peers
72

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 31/12/2023

Net Worth

£10.0M

Balance sheet strength

Cash

£363k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£8.2M

Current Liabilities

£6.3M

Fixed Assets

£11.8M

Debtors

£7.8M

Profit After Tax

£189k

67avg. employees+14

Balance Sheet

Bank loans & overdrafts£2.2M
Assets less current liabilities£13.7M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20231.31+£1.7M
20221.46+£38k
20212.46

Derived from filed accounts. Not audited figures.