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Spreadcore Limited

08242344

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

100 Liverpool Street, London, EC2M 2AT
Incorporated 05/10/2012

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 19/05/2026

Due 02/06/2027

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Michelmores Secretaries Limited

corporate secretary · Since 05/10/2012

Reg: 03834235

Oluwatosin Adewale Ogunrinde

director · Since 05/10/2012

British · United Kingdom · Age 43

Persons with Significant Control

Oluwatosin Adewale Ogunrinde

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 43

100, Liverpool Street, London, EC2M 2AT

Notified 05/10/2016

Change History

status → active
2026-06-05

Active

type → ltd
2026-06-05

Private Limited Company

address line1 → 100 Liverpool Street
2026-06-05

100 LIVERPOOL STREET

post town → London
2026-06-05

LONDON

CompanyRankvs 13164+ SIC 62012 peers
60

Financial strength77th percentile among SIC peers · 19/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees6/15 pts

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

Liquidity16/20 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

historical cost convention and in accordance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland - Small Entities and the Companies Act 2006. 2.2. Going Concern Disclosure The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going con

Key FinancialsYear ending 31/10/2025

Net Worth

£32k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£53k

Current Liabilities

£28k

Fixed Assets

£6k

Debtors

£22k

1avg. employees

Tax at Year End

Corp tax£11k
VAT£15k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£32k
Signed by Mr Oluwatosin Ogunrinde 16 June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.94+£40k£291k
20240.22+£695£2k
20230.12—£2k

Derived from filed accounts. Not audited figures.