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Norstat Uk Limited

07660280

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

HARLING HOUSE, LONDON, SE1 0BS
Incorporated 07/06/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Erling Eriksen

director · Since 16/12/2016

CEO

NORWEGIAN · NORWAY · Age 47

Andrew Oconnell

director · Since 01/09/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Mats Ingvar Beck

director · Since 31/10/2024

DIRECTOR

NORWEGIAN · NORWAY · Age 42

CompanyRankvs 5104+ SIC 63110 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.43× · 2/20
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.

Employees15/15 pts

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

Liquidity2/20 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

as they fall due for a period of at least twelve months from the date of approval of these financial statements. Therefore, the directors believe that preparing the financial statements on a going concern basis is appropriate, and there are no material uncertainties which may cast significant doubt over the Company's ability to continue as such. 2.3 Turnover The turnover shown in the prof

Key FinancialsYear ending 31/12/2024

Net Worth

-£8.9M

Balance sheet strength

Cash

£485k

Cash in the bank

Net Current Assets

-£3.9M

Working capital

Current Assets

£3.0M

Current Liabilities

£6.9M

Fixed Assets

£3.3M

Debtors

£2.5M

30avg. employees+18

Balance Sheet

Intangible assets£3.2M
Assets less current liabilities-£643k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43-£8.3M
20230.40-£184k
20220.63

Derived from filed accounts. Not audited figures.