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Absolute Accounting Software Ltd

07122547

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

COMMERCE HOUSE, BICESTER, OX26 4LD
Incorporated 12/01/2010

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/01/2026

Due 26/01/2027

On track

Industry

62090
Other information technology service activities

Officers

Timothy James Good

director · Since 12/01/2010

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 72

Also on 4 other boards

Mrs Camilla Coral Scarf

director · Since 12/01/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Giles Edward Mooney

director · Since 19/05/2010

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Timothy James Good

25–50% shares
25–50% votes

British · United Kingdom · Age 72

Commerce House, Telford Road, Bicester, OX26 4LD

Notified 06/04/2016

Mrs Camilla Coral Scarf

25–50% shares
25–50% votes

British · England · Age 57

Commerce House, Telford Road, Bicester, OX26 4LD

Notified 06/04/2016

CompanyRankvs 835+ SIC 62090 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.77× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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835Absolute Accounting Software Ltd
88
How is this score calculated?
Financial strength24/25 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.

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

£867k

Balance sheet strength

Cash

£943k

Cash in the bank

Net Current Assets

£811k

Working capital

Current Assets

£952k

Current Liabilities

£141k

Fixed Assets

£56k

Debtors

£9k

7avg. employees

Balance Sheet

Assets less current liabilities£867k
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20246.77+£48k
20236.78+£34k
20226.28+£110k
20217.00+£78k
20204.21+£67k
20193.92+£222k
20183.86—

Derived from filed accounts. Not audited figures.