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Myrtle Software Solutions Limited

07939387

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

54 CYPRESS AVENUE, ENFIELD, EN2 9BZ
Incorporated 07/02/2012

Compliance

Last accounts

28/02/2025

unaudited abridged

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 04/06/2025

Due 18/06/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Prashanth Kumar Patancheru Johnwesley

director · Since 07/02/2012

SOFTWARE CONSULTANT

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mrs Hannah Susmita Patancheru

director · Since 01/05/2012

IT CONSULTANT

INDIAN · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Prashanth Kumar Patancheru Johnwesley

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

54, Cypress Avenue, Enfield, EN2 9BZ

Notified 30/05/2024

Mrs Hannah Susmita Patancheru

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 44

54, Cypress Avenue, Enfield, EN2 9BZ

Notified 30/05/2024

Former PSCs

Mrs Hannah Susmita Patancheru

Ceased 14/06/2022

Mr Prashanth Kumar Patancheru Johnwesley

Ceased 14/06/2022

Mrs Beulah John Parameshwaran

Ceased 30/05/2024

CompanyRankvs 6473+ SIC 47110 peers
60

Financial strength71th percentile among SIC peers · 18/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 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.

Longevity14/15 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 28/02/2025

Net Worth

£29k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£125k

Working capital

Current Assets

£109k

Current Liabilities

£234k

Fixed Assets

£154k

Debtors

£74k

5avg. employees

Balance Sheet

Intangible assets£153k
Assets less current liabilities£29k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46+£19k
20240.41—
20230.99—
20220.96-£2k
20211.05+£6k
20201.07—
20191.01—

Derived from filed accounts. Not audited figures.