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Scale Computing, Ltd

07342786

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

5 NEW STREET SQUARE, LONDON, EC4A 3TW
Incorporated 11/08/2010

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/08/2025

Due 25/08/2026

On track

Industry

62090
Other information technology service activities

Officers

Taylor Wessing Secretaries Limited

secretary · Since 11/08/2010

BRITISH

Also on 1085 other boards

Scott Loughmiller

director · Since 12/08/2010

CHIEF PRODUCT OFFICER

AMERICAN · UNITED STATES · Age 52

Jeff Ready

director · Since 12/08/2010

CEO SCALE COMPUTING INC

AMERICAN · UNITED STATES · Age 51

CompanyRankvs 33570+ SIC 62090 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.84× · 6/20
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 strength0/25 pts

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

Employees13/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2022

Turnover

£1.4M

Annual revenue

Net Worth

-£537k

Balance sheet strength

Cash

£269k

Cash in the bank

Profit Before Tax

£526k

Bottom line earnings

Net Current Assets

-£142k

Working capital

Current Assets

£735k

Current Liabilities

£877k

Debtors

£466k

Cost of Sales

£420k

Gross Profit

£1.0M

Admin Expenses

£499k

Profit After Tax

£394k

3avg. employees

Balance Sheet

Assets less current liabilities-£142k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.84-£1k
20210.60+£449k
20200.36

Derived from filed accounts. Not audited figures.