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Systems Foundry Limited

07837558

active
ltd
england wales
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)

Details

Suite Ra01 195-197 Wood Street, London, E17 3NU
Incorporated 07/11/2011

Previously known as

Tcn Media Ltd · until 08/05/2026
Financial Expert Legal Ltd · until 10/10/2018

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 08/05/2026

Due 22/05/2027

On track

Industry

62012
Business and domestic software development
82110
Combined office administrative service activities

Officers

Mr Piotr Nikonowicz

director · Since 07/11/2011

FINANCIAL ADVISER

BRITISH · ENGLAND · Age 43

Also on 10 other boards

Piotr Nikonowicz

director · Since 07/11/2011

British · England · Age 43

Persons with Significant Control

Mr Piotr Nikonowicz

Significant control

British · England · Age 43

Suite Ra01, 195-197 Wood Street, London, E17 3NU

Notified 01/01/2019

Former PSCs

Financial Expert Corporation Ltd

Ceased 01/01/2019

Change History

statusactive
2026-06-22

Active

nameSYSTEMS FOUNDRY LIMITED
2026-06-22

TCN MEDIA LTD

typeltd
2026-06-22

Private Limited Company

address line1Suite Ra01 195-197 Wood Street
2026-06-22

3 CHESTER BRIDGE

post townLondon
2026-06-22

CREWE

postcodeE17 3NU
2026-06-22

CW2 7EF

sic codes62012,82110
2026-06-22

82110

officer appointedNIKONOWICZ, Piotr
2026-06-22

CompanyRankvs 15+ SIC 62012 peers
50

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 8.31× · 20/20
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 strength0/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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 31/05/2025

Net Worth

-£2k

Balance sheet strength

Cash

£755

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£19k

Current Liabilities

£2k

Debtors

£19k

0avg. employees

Balance Sheet

Assets less current liabilities£17k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20258.31+£0
20258.31-£3k
20242.45+£4k
2023-£756
20220.96
20211.59

Derived from filed accounts. Not audited figures.