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Coatsink Software Ltd

07567431

active
Private Limited Company
Companies House
Health Score
95 / 100

Healthy

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

Details

NORTHERN DESIGN CENTRE, GATESHEAD, NE8 3DF
Incorporated 17/03/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Mikael Lars Hã…Kan Falkner

director · Since 30/09/2025

CFO

SWEDISH · SWEDEN · Age 42

Mr Richard Snowdon

director · Since 30/09/2025

CEO

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Thunderful Group Ab

75–100% shares
75–100% votes
Appoint directors

2, Kvarnbergsgatan, Gothenburg, 411 05

Reg: 559230-0445 · Swedish Companies Registration Office · Listed Company

Notified 05/10/2020

Former PSCs

Mr Thomas Henry Beardsmore

Ceased 02/10/2020

Mr Paul Crabb

Ceased 02/10/2020

Mr Owe Jan Bergsten

Ceased 18/11/2025

Mr Wade John Rosen

Ceased 28/08/2025

Charges0 outstanding

Charge
satisfied

CREATIVE ENGLAND LIMITED

Created 22/04/2016Registered 30/04/2016Satisfied 20/02/2018

CompanyRankvs 252+ SIC 62011 peers
81

Financial strength96th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2020

Turnover

£5.9M

Annual revenue

Net Worth

£653k

Balance sheet strength

Cash

£3.3M

Cash in the bank

Profit Before Tax

£431k

Bottom line earnings

Net Current Assets

£408k

Working capital

Current Assets

£3.8M

Current Liabilities

£3.4M

Fixed Assets

£246k

Debtors

£532k

Cost of Sales

£738k

Gross Profit

£5.2M

Admin Expenses

£4.8M

Profit After Tax

£631k

94avg. employees
Signed by 07567431 2019-04-01 2020-03-31 07567431 2020-03-31 07567431 bus: 1 1 2020-03-31 07567431 bus: 2 1 2020-03-31 07567431 coPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20201.12+£631k
20190.96

Derived from filed accounts. Not audited figures.