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Applearn International Limited

06778464

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

80, MEZZANINE FLOOR CANNON STREET, LONDON, EC4N 6HL
Incorporated 22/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Pedro Bados

director · Since 30/01/2024

CHIEF EXECUTIVE OFFICER

SPANISH · UNITED STATES · Age 46

Also on 1 other board

Mr. Hamza Benamar

director · Since 30/01/2024

CHIEF FINANCIAL OFFICER

AMERICAN · UNITED STATES · Age 54

Also on 2 other boards

Ms Maegan Donovan

director · Since 30/01/2024

CHIEF PEOPLE OFFICER

AMERICAN · UNITED STATES · Age 47

Also on 2 other boards

Persons with Significant Control

Nexthink Limited

75–100% shares

80, Cannon Street, London, EC4N 6HL

Reg: 9268999 · England And Wales Registry · Private Limited Company

Notified 30/01/2024

Former PSCs

Mr Mark William Barlow

Ceased 26/09/2019

K1-K4 Private Investors Llp

Ceased 30/01/2024

Charges0 outstanding

Charge
satisfied

SILICON VALLEY BANK UK LIMITED

Created 20/02/2023Registered 22/02/2023Satisfied 01/02/2024
Charge
satisfied

SILICON VALLEY BANK

Created 19/11/2021Registered 23/11/2021Satisfied 01/02/2024
Charge
satisfied

SILICON VALLEY BANK

Created 17/09/2020Registered 23/09/2020Satisfied 01/02/2024
Charge
satisfied

SILICON VALLEY BANK

Created 17/09/2020Registered 23/09/2020Satisfied 01/02/2024
Charge
satisfied

JOHN CAVILL

Created 18/12/2015Registered 18/12/2015Satisfied 11/09/2020
Charge
satisfied

MARK BARLOW

Created 18/12/2015Registered 18/12/2015Satisfied 17/05/2017
Charge
satisfied

YEARFAST BUILDING LIMITED

Created 18/12/2015Registered 18/12/2015Satisfied 17/05/2017
Charge
satisfied

THE NORTH WEST FUND FOR VENTURE CAPITAL LP

Created 30/11/2015Registered 04/12/2015Satisfied 17/05/2017
charge
satisfied

ATHERTON CLARKE LLP

Created 22/02/2011Registered 25/02/2011Satisfied 06/06/2013

CompanyRankvs 656+ SIC 62020 peers
79

Financial strength100th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 25.51× · 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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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.

Employees14/15 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

meet on-going liabilities. The directors are satisfied that there are no material uncertainties the may cast doubt about the ability of the company to continue as a going concern. Foreign currency transactions and balances The functional currency of the company is £ Sterling. Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transa

Key FinancialsYear ending 31/12/2019

Net Worth

£14.3M

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

£13.8M

Working capital

Current Assets

£14.4M

Current Liabilities

£565k

Debtors

£14.3M

5avg. employees

Balance Sheet

Bank loans & overdrafts£516k
Assets less current liabilities£14.3M
Prepared with Digita Accounts Production Advanced 6.26.9041.0

EstimatesDerived

YearCurrent RatioImplied Profit
201925.51+£6.3M
201816.81

Derived from filed accounts. Not audited figures.