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Profit Systems Uk Limited

06631350

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

BRUNEL HOUSE 11 THE PROMENADE, BRISTOL, BS8 3NG
Incorporated 26/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing

Officers

Mr Steven Mitchell

director · Since 26/06/2008

SOFTWARE DEVELOPER

CANADIAN · CANADA · Age 64

Persons with Significant Control

Profit Systems Inc.

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

105-15, Innovation Blvd, Saskatoon, S7N 2X8

Reg: 574080 · Corporations Canada · Inc

Notified 06/04/2016

CompanyRankvs 2112+ SIC 58290 peers
58

Financial strength60th percentile among SIC peers · 15/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.08× · 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 strength15/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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 31/12/2024

Net Worth

£1k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£255k

Working capital

Current Assets

£22k

Current Liabilities

£277k

Fixed Assets

£387

Debtors

£7k

Profit After Tax

-£38k

2avg. employees

Balance Sheet

Assets less current liabilities-£255k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.08
20230.20
20220.25
20210.30
20200.37
20190.38
20180.36

Derived from filed accounts. Not audited figures.