Back to search

Avecto Ltd

06538381

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

BUILDING ONE TRIDENT BUSINESS PARK, MANCHESTER, M22 5XB
Incorporated 18/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mrs Janine Karyn Seebeck

director · Since 31/07/2018

CFO

AMERICAN · UNITED STATES · Age 50

Also on 3 other boards

Mrs Valerie Janet Moulden

director · Since 07/11/2018

ASSOCIATE GENERAL COUNSEL, COMPLIANCE

BRITISH · ENGLAND · Age 53

Mr Joseph Petrus Hubertus Rutten

director · Since 01/07/2022

CFO

AMERICAN · UNITED STATES · Age 46

Also on 3 other boards

Persons with Significant Control

Armour Bidco Limited

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

South Suite, Ground Floor, Lunar House, Fieldhouse Lane, Marlow, SL7 1LW

Reg: 11427572 · Companies House · Private Limited Company

Notified 31/07/2018

Charges5 outstanding

Charge
outstanding

ALTER DOMUS (US) LLC

Created 22/12/2023Registered 03/01/2024
Charge
outstanding

JEFFERIES FINANCE LLC

Created 03/10/2018Registered 12/10/2018
Charge
outstanding

JEFFERIES FINANCE LLC

Created 03/10/2018Registered 12/10/2018
Charge
outstanding

JEFFERIES FINANCE LLC

Created 03/10/2018Registered 12/10/2018
Charge
outstanding

JEFFERIES FINANCE LLC

Created 03/10/2018Registered 12/10/2018
Charge
satisfied

JEFFERIES FINANCE LLC

Created 03/10/2018Registered 11/10/2018Satisfied 01/12/2023
Charge
satisfied

JEFFERIES FINANCE LLC

Created 03/10/2018Registered 11/10/2018Satisfied 01/12/2023

CompanyRankvs 585+ SIC 62012 peers
68

Financial strength100th percentile among SIC peers · 25/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 11.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees13/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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

Key FinancialsYear ending 31/12/2024

Net Worth

£63.0M

Balance sheet strength

Cash

£111k

Cash in the bank

Profit Before Tax

£8.9M

Bottom line earnings

Net Current Assets

£58.1M

Working capital

Current Assets

£63.8M

Current Liabilities

£5.7M

Fixed Assets

£5.2M

Debtors

£63.7M

Profit After Tax

£8.9M

3avg. employees-255

People Costs

Wages & salaries£24.7M

Balance Sheet

Intangible assets£39k
Depreciation£484k
Assets less current liabilities£63.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202411.28+£9.1M
202312.80+£24.1M
20212.00+£3.7M
20203.89+£6.9M
20192.81

Derived from filed accounts. Not audited figures.