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Phuse Technology Limited

06555701

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 BROOKFIELD LANE, ORMSKIRK, L39 6SP
Incorporated 04/04/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
63110
Data processing, hosting and related activities

Officers

Mrs Helen Adams

secretary · Since 04/04/2008

Also on 3 other boards

Mr Bryan Adams

director · Since 04/04/2008

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mrs Helen Adams

director · Since 04/04/2008

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 3 other boards

B A Corporation

director · Since 04/04/2008

BRITISH

Mr James Wayne Tayor

director · Since 01/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

B A Corporation Limited

75–100% shares

Queens Insurance Building, 24 Queen Avenue, Liverpool, L2 4TZ

Reg: 06553758 · England And Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/12/2020Registered 21/12/2020

CompanyRankvs 27017+ SIC 62012 peers
42

Financial strength2th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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27017Phuse Technology Limited
48
How is this score calculated?
Financial strength1/25 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Turnover

£3.8M

Annual revenue

Net Worth

-£584k

Balance sheet strength

Cash

£464k

Cash in the bank

Profit Before Tax

-£857k

Bottom line earnings

Net Current Assets

-£606k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.7M

Fixed Assets

£22k

Debtors

£667k

Cost of Sales

£1.9M

Gross Profit

£1.9M

Admin Expenses

£1.9M

Operating Profit

-£864k

Profit After Tax

-£857k

29avg. employees-1

Tax at Year End(2024)

Corp tax£83k

Balance Sheet

Assets less current liabilities-£584k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65-£857k
20241.16-£561k
20231.70+£389k
20221.48+£206k
20211.30+£63k
20201.45+£126k
20194.90—

Derived from filed accounts. Not audited figures.