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Ignite Software Systems Limited

06414297

active
Private Limited Company
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

LEVEL 26, LONDON, EC2N 4BQ
Incorporated 31/10/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66290
Other activities auxiliary to insurance and pension funding

Officers

Mr Thomas C Wong

director · Since 31/08/2021

DIRECTOR

AMERICAN · UNITED STATES · Age 48

Also on 22 other boards

Persons with Significant Control

Verisk Specialty Business Solutions Limited

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

Level 26, 22 Bishopsgate, London, EC2N 4BQ

Reg: 02745421 · Registrar Of Companies · Private Limited Company

Notified 31/08/2021

Charges0 outstanding

Charge
satisfied

GOORLIE HOLDINGS LIMITED

Created 16/11/2017Registered 21/11/2017Satisfied 01/09/2021

CompanyRankvs 17720+ SIC 66290 peers
46

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.24× · 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 strength0/25 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.

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 31/12/2020

Net Worth

-£1.1M

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£364k

Current Liabilities

£1.5M

Fixed Assets

£32k

Debtors

£277k

15avg. employees+1

Tax at Year End(2018)

VAT£39k

Balance Sheet

Intangible assets£3k
Bank loans & overdrafts£6k
Assets less current liabilities-£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20200.24-£2.1M
20190.25+£1.6M
20180.30£776k

Derived from filed accounts. Not audited figures.