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Cohort Software Ltd

07946943

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

5TH FLOOR CROWN HOUSE 143-147 REGENT STREET LONDON, LONDON, W1B 4NR
Incorporated 13/02/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Ryan Magee

director · Since 07/09/2012

FINANCE DIRECTOR

CANADIAN · CANADA · Age 48

Persons with Significant Control

Cority Software Inc.

75–100% shares

250, 250 Bloor Street East, Toronto

Reg: 120486915 · Business Corporations Act · Incorporation

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BANK OF MONTREAL IN ITS CAPACITY AS COLLATERAL AGENT FOR AND ON BEHALF OF THE LENDERS

Created 04/05/2016Registered 12/05/2016Satisfied 19/07/2019

CompanyRankvs 11592+ SIC 62012 peers
57

Financial strength84th percentile among SIC peers · 21/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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11592Cohort Software Ltd
67
How is this score calculated?
Financial strength21/25 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.

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.

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

the Company has adequate resources to remain in operation and have no reason to believe that a material uncertainty exists that may cast significant doubt about the Company's ability to continue as a going concern for the next twelve months. Accordingly, the financial statements have been prepared on the going concern basis of accounting. The director is responsible for the maintenance and integri

Key FinancialsYear ending 31/12/2023

Turnover

£6.5M

Annual revenue

Net Worth

£73k

Balance sheet strength

Cash

£942k

Cash in the bank

Profit Before Tax

-£2.4M

Bottom line earnings

Net Current Assets

-£42.5M

Working capital

Current Assets

£3.3M

Current Liabilities

£45.8M

Fixed Assets

£44.1M

Debtors

£2.4M

Cost of Sales

£4.4M

Gross Profit

£2.1M

Admin Expenses

£1.9M

Profit After Tax

-£1.8M

50avg. employees+9

Tax at Year End(2021)

Corp tax£85k

People Costs

Wages & salaries£3.0M
NI contributions£413k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.07-£594k
20211.73+£464k
20202.73+£148k
20192.64-£633k
20184.62—

Derived from filed accounts. Not audited figures.