Access Systems (Uk) Limited
08033029
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 17/04/2026
Due 01/05/2027
Industry
Officers
Persons with Significant Control
Robert Anthony Palumbo
American · United States · Age 60
City Tower, Picadilly Plaza, Manchester, M1 4BT
Notified 24/03/2026
Mr Thomas Christopher Barnds
American · United States · Age 57
City Tower, Picadilly Plaza, Manchester, M1 4BT
Notified 24/03/2026
Former PSCs
Access Systems Inc
Ceased 24/03/2026
Charges1 outstanding
HSBC INNOVATION BANK LIMITED
NATIONAL WESTMINSTER BANK PLC
BARCLAYS SECURITY TRUSTEE LIMITED
COLUMBIA LAKE PARTNERS GROWTH LENDING I (LUXCO) S.À.R.L.
CLYDESDALE BANK PLC
BARCLAYS BANK PLC
HSBC BANK PLC
CompanyRankvs 528000+ SIC 62012 peers17
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g
Key FinancialsYear ending 31/03/2025
Net Worth
-£5.4M
Balance sheet strength
Cash
£2.6M
Cash in the bank
Profit Before Tax
-£3.3M
Bottom line earnings
Net Current Assets
-£6.1M
Working capital
Current Assets
£4.6M
Current Liabilities
£10.7M
Fixed Assets
£103k
Debtors
£2.0M
Cost of Sales
£1.6M
Admin Expenses
£11.2M
Profit After Tax
-£3.3M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.43 | -£1.4M |
| 2024 | 0.43 | -£6.1M |
| 2019 | 1.84 | -£7.1M |
Derived from filed accounts. Not audited figures.