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Theory And Practice Of Software Ltd

07406244

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

G35, EXPRESSWAY STUDIOS, LONDON, E16 1AG
Incorporated 13/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Dr Abubakar Sherif Hassan

director · Since 13/10/2010

NONE

BRITISH · ENGLAND · Age 50

Dr Nikolaos Siafakas

director · Since 13/10/2010

NONE

GREEK · ENGLAND · Age 50

Persons with Significant Control

Mr Abubakar Sherif Hassan

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors

British · United Kingdom · Age 50

G35, Expressway Studios, 1 Dock Road, London, E16 1AG

Notified 13/10/2016

Dr Nikolaos Siafakas

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors

Greek · England · Age 50

G35, Expressway Studios, 1 Dock Road, London, E16 1AG

Notified 13/10/2016

CompanyRankvs 20671+ SIC 62012 peers
56

Financial strength90th percentile among SIC peers · 23/25
Employees17th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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20671Theory And Practice Of Software Ltd
56
How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/10/2024

Net Worth

£183k

Balance sheet strength

Cash

£338k

Cash in the bank

Net Current Assets

£318k

Working capital

Current Assets

—

Current Liabilities

£19k

0avg. employees

Balance Sheet

Assets less current liabilities£395k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2024—+£45k
2023—+£47k
202214.10-£131k
20218.26+£221k
202028.93-£112k
20190.42-£51k
20180.14—

Derived from filed accounts. Not audited figures.