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Steama Company Limited

08081185

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
48 / 100

Notable Risks

30/30
Filing
0/30
Financial
18/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

378-380 DEANSGATE, MANCHESTER, M3 4LY
Incorporated 24/05/2012

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/05/2025

Due 03/06/2026

Overdue

Industry

62012
Business and domestic software development

Officers

Morgan Defoort

director · Since 20/09/2024

INVESTOR

AMERICAN · UNITED STATES · Age 48

John Hughes

director · Since 31/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 64

Ms Ugwem Eneyo

director · Since 11/08/2025

DIRECTOR

AMERICAN · UNITED STATES · Age 35

Mr David Christopher Foreman

director · Since 11/08/2025

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 16 other boards

Mr Baafour Otu-Boateng

director · Since 11/08/2025

DIRECTOR

GHANAIAN · GHANA · Age 42

Persons with Significant Control

Former PSCs

Mr Harrison Leaf

Ceased 03/02/2021

Shell Ventures Bv

Ceased 20/09/2024

Charges1 outstanding

Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 16/07/2020Registered 16/07/2020

Insolvency History1 case

in administration

Richard Cole (practitioner) · Steve Kenny (practitioner)

CompanyRankvs 415+ SIC 62012 peers
59

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 7.83× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength25/25 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.

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.

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

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Financial Reporting Standard applicable in the UK and the Republic of Ireland'. 3. Accounting Policies Basis of Preparation The financial statements have been prepared on the historical cost basis. Going Concern The Directors have assessed the Company's ability to continue as a going concern, taking into account all relevant information available up to the date of this report. During the year en

Key FinancialsYear ending 31/12/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£916k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.0M

Current Liabilities

£259k

Fixed Assets

£1.5M

Debtors

£780k

17avg. employees+5

Balance Sheet

Intangible assets£1.5M
Assets less current liabilities£3.3M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20247.83+£2.2M
20180.97

Derived from filed accounts. Not audited figures.