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Thought Needed Ltd.

08169836

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

SUITE 2 RIVERSIDE COURT, BARNSTAPLE, EX31 1DR
Incorporated 07/08/2012

Compliance

Last accounts

31/08/2025

dormant

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 01/03/2026

Due 15/03/2027

On track

Industry

62090
Other information technology service activities

Officers

Mr David Palmer

director · Since 07/08/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr Nigel Richard Harris

director · Since 18/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 6 other boards

Persons with Significant Control

Mr David Palmer

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm

British · England · Age 66

Suite 2 Riverside Court, Castle Street, Barnstaple, EX31 1DR

Notified 30/06/2016

CompanyRankvs 45139+ SIC 62090 peers
36

Financial strength19th percentile among SIC peers · 5/25
Employees16th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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45139Thought Needed Ltd.
35
How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/08/2025

Net Worth

-£56

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£56

0avg. employees-3
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.99
20230.99

Derived from filed accounts. Not audited figures.