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Limitstate Limited

05930939

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

THE INNOVATION CENTRE, SHEFFIELD, S1 4DP
Incorporated 11/09/2006

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 11/09/2025

Due 25/09/2026

On track

Industry

62012
Business and domestic software development

Officers

Barry Edwin Skinner

director · Since 20/11/2006

CHARTERED CIVIL ENGINEER

BRITISH · MALTA · Age 72

Dr Colin Campbell Smith

director · Since 14/10/2016

UNIVERSITY LECTURER

BRITISH · ENGLAND · Age 60

CompanyRankvs 766+ SIC 62012 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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766Limitstate Limited
87
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/07/2024

Net Worth

£221k

Balance sheet strength

Cash

£296k

Cash in the bank

Net Current Assets

£220k

Working capital

Current Assets

£396k

Current Liabilities

£177k

Fixed Assets

£1k

Debtors

£100k

5avg. employees

Tax at Year End

VAT£6k

Balance Sheet

Assets less current liabilities£221k
Signed by Dr C C Smith 18 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.24+£27k£122k
20232.25—£194k

Derived from filed accounts. Not audited figures.