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Workfront, Ltd.

06466672

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

CAMPUS READING INTERNATIONAL BLOCK F 3RD FLOOR, READING, RG2 6DA
Incorporated 08/01/2008

Compliance

Last accounts

30/11/2025

full

Next accounts due

31/08/2027

On track

Confirmation statement

Last: 24/01/2026

Due 07/02/2027

On track

Industry

62012
Business and domestic software development

Officers

Mark Higgins

director · Since 19/07/2021

ACCOUNTANT

IRISH · IRELAND · Age 52

Persons with Significant Control

Adobe Inc.

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

345, Park Avenue, San Jose

Reg: 2748129 · Dept Of State - Division Of Companies · Corporation

Notified 07/12/2020

Former PSCs

Workfront, Inc.

Ceased 07/12/2020

CompanyRankvs 180+ SIC 62012 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.23× · 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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180Workfront, Ltd.
90
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.

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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the director is responsible for assessing the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the Company or to cease operations

Key FinancialsYear ending 30/11/2025

Turnover

£5.0M

Annual revenue

Net Worth

£14.9M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

-£60k

Bottom line earnings

Net Current Assets

£14.9M

Working capital

Current Assets

£21.6M

Current Liabilities

£6.7M

Fixed Assets

£2k

Debtors

£20.1M

Cost of Sales

£1.2M

Gross Profit

£3.8M

Admin Expenses

£3.9M

Operating Profit

-£70k

Profit After Tax

-£60k

25avg. employees-4

People Costs

Wages & salaries£3.1M
NI contributions£435k

Balance Sheet

Assets less current liabilities£14.9M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20253.23+£169k
20242.28+£8.2M
20231.40—

Derived from filed accounts. Not audited figures.