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Updraft Limited

08254043

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

PEPPERBOX, BASINGSTOKE, RG25 2PQ
Incorporated 15/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
70229
Management consultancy activities

Officers

Mr Nicolas William Smale

director · Since 29/05/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 5 other boards

Persons with Significant Control

Mr Nicolas William Smale

75–100% shares

British · England · Age 71

Pepperbox, Herriard, Basingstoke, RG25 2PQ

Notified 06/04/2016

CompanyRankvs 32449+ SIC 62012 peers
43

Financial strength3th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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 31/10/2024

Net Worth

-£204k

Balance sheet strength

Cash

£711

Cash in the bank

Net Current Assets

-£182k

Working capital

Current Assets

£80k

Current Liabilities

£262k

Fixed Assets

£1k

Debtors

£79k

2avg. employees

Balance Sheet

Assets less current liabilities-£181k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30+£80k
20230.64-£41k
20220.63-£75k
20210.74-£49k
20200.79-£125k
20191.03+£375k
20180.00

Derived from filed accounts. Not audited figures.