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River Software (Holdings) Limited

08164975

active
ltd
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
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)
  • 2 outstanding charges (-4)

Details

John Deere House Meteor Court, Barnwood, GL4 3GG
Incorporated 01/08/2012

Previously known as

River Marketing (Holdings) Limited · until 14/10/2022

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/02/2026

Due 25/02/2027

On track

Industry

70100
Activities of head offices

Officers

Mr Philip Dunk

director · Since 04/04/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Richard Andrew Hill

director · Since 04/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Mr Timothy Robert Hipperson

director · Since 04/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Mr Christopher Andrew Spalding

director · Since 19/09/2024

NON EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Philip Dunk

secretary · Since 21/05/2025

Philip Dunk

director · Since 04/04/2013

British · England · Age 57

Timothy Robert Hipperson

director · Since 04/04/2024

British · England · Age 57

Richard Andrew Hill

director · Since 04/04/2024

British · England · Age 55

Christopher Andrew Spalding

director · Since 19/09/2024

British · England · Age 65

Philip Dunk

secretary · Since 21/05/2025

Former

Graham Robertson Stephens

director · Resigned 01/08/2012

Kim Frederick Paxton

director · Resigned 09/03/2021

Claire Alison West

director · Resigned 04/04/2024

Nadia Lucia Diluzio

director · Resigned 04/04/2024

Nicola Karen Dunk

secretary · Resigned 04/04/2024

Shay Webster

secretary · Resigned 21/05/2025

Stephen James Read

director · Resigned 26/08/2025

Persons with Significant Control

Stonehage Fleming Direct Investments 5 Ltd

25–50% shares
50–75% votes
Appoint directors

No 2, The Forum, St. Helier, JE1 4HH

Reg: 151662 · Jersey Financial Services Commission · Limited Company

Notified 04/04/2024

Former PSCs

Mr Phillip Michael Dunk

Ceased 12/02/2022

Gkf Nominees One Limited

Ceased 04/04/2024

Charges2 outstanding

Charge
outstanding

PULSE FINANCE LIMITED

Created 20/04/2026Registered 20/04/2026
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH GROUP MEMBER

Created 29/04/2015Registered 01/05/2015

Change History

statusactive
2026-07-13

Active

typeltd
2026-07-13

Private Limited Company

address line1John Deere House Meteor Court
2026-07-13

JOHN DEERE HOUSE METEOR COURT

post townBarnwood
2026-07-13

BARNWOOD

CompanyRankvs 4564+ SIC 70100 peers
49

Financial strength75th percentile among SIC peers · 19/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength19/25 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.

Liquidity6/20 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

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent 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 directors with respect to going c

Key FinancialsYear ending 30/09/2023

Turnover

£13.9M

Annual revenue

Net Worth

£521k

Balance sheet strength

Cash

£185k

Cash in the bank

Profit Before Tax

-£909k

Bottom line earnings

Net Current Assets

-£1.1M

Working capital

Current Assets

£2.2M

Current Liabilities

£3.3M

Fixed Assets

£1.7M

Debtors

£2.0M

Cost of Sales

£11.9M

Gross Profit

£2.0M

Admin Expenses

£2.7M

Operating Profit

-£851k

Profit After Tax

-£620k

56avg. employees

Director Loans

Directors owe company£30k

People Costs

Wages & salaries£3.1M
NI contributions£344k

Balance Sheet

Intangible assets£1.7M
Assets less current liabilities£548k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent Ratio
20230.66

Derived from filed accounts. Not audited figures.