Back to search

Binary Is Limited

06305962

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)
  • Negative net worth (-10)

Details

FIRST FLOOR, HARROGATE, HG1 5PR
Incorporated 09/07/2007

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/07/2025

Due 23/07/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Joshua Mark Townson

director · Since 09/07/2007

NONE

BRITISH · ENGLAND · Age 44

Mr Andrew Richard Birch

director · Since 01/06/2013

CONSULTANT

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mr Matthew Jon Fergusson

director · Since 27/10/2017

COMPUTER PROGRAMMER

BRITISH · ENGLAND · Age 46

Mr Howard Simeon Linn

secretary · Since 01/07/2023

Persons with Significant Control

Mr Andrew Richard Birch

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 43

First Floor, 30 Victoria Avenue, Harrogate, HG1 5PR

Notified 06/04/2016

Mr Joshua Mark Townson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 44

First Floor, 30 Victoria Avenue, Harrogate, HG1 5PR

Notified 06/04/2016

CompanyRankvs 63929+ SIC 62020 peers
51

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.64× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Technology Means Business Limited
90
2Concentration Heat And Momentum Limited
90
3Sas Software Limited
90
4Quill Pinpoint Limited
90
5Tba Doncaster Limited
90
6Optio Systems Limited
90
7Intech Limited
90
8Hamilton Grant Software Ltd.
90
9Amshire Solutions Limited
90
10Communications Software (Airline Systems) Limited
90
63929Binary Is Limited
47
How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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

-£272k

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

-£484k

Working capital

Current Assets

£869k

Current Liabilities

£1.4M

Fixed Assets

£466k

Debtors

£794k

Profit After Tax

£544k

18avg. employees-1

Tax at Year End

Dividends paid£190k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities-£19k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.64+£12k
20230.54—

Derived from filed accounts. Not audited figures.