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Travelnet Systems Ltd

07295893

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

PHOENIX HOUSE 204B, CHELMSFORD, CM2 9AB
Incorporated 25/06/2010

Compliance

Last accounts

27/06/2025

total exemption full

Next accounts due

27/03/2027

On track

Confirmation statement

Last: 25/06/2026

Due 09/07/2027

On track

Industry

62012
Business and domestic software development

Officers

Mrs Jane Springthorpe

secretary · Since 25/06/2010

Mr Graham John Hayden

director · Since 25/06/2010

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr Lee Springthorpe

director · Since 25/06/2010

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Persons with Significant Control

Mr Lee Springthorpe

Significant control

British · England · Age 59

Phoenix House, 204b, Chelmsford, CM2 9AB

Notified 08/02/2019

Mr Graham John Hayden

Significant control

British · England · Age 63

Phoenix House, 204b, Chelmsford, CM2 9AB

Notified 08/02/2019

CompanyRankvs 13172+ SIC 62012 peers
55

Financial strength34th percentile among SIC peers · 9/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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13172Travelnet Systems Ltd
65
How is this score calculated?
Financial strength9/25 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.

Liquidity12/20 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

The financial statements have been prepared under the historical cost convention. The directors have assessed various factors and risks affecting the company and its ability to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at

Key FinancialsYear ending 27/06/2025

Net Worth

£4

Balance sheet strength

Cash

£139k

Cash in the bank

Net Current Assets

£109k

Working capital

Current Assets

£385k

Current Liabilities

£276k

Fixed Assets

£3k

Debtors

£246k

6avg. employees

Tax at Year End

Corp tax£64k

Balance Sheet

Assets less current liabilities£112k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.39
20241.31
20231.44

Derived from filed accounts. Not audited figures.