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Tufin Software Europe Limited

08285913

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SUITE 4, 7TH FLOOR, LONDON, SW1H 0DB
Incorporated 08/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Raymond John Brancato

director · Since 21/02/2023

PRESIDENT & CEO

AMERICAN · UNITED STATES · Age 61

Mr Scott Robert Tucker

director · Since 21/02/2023

CFO

AMERICAN · UNITED STATES · Age 46

Persons with Significant Control

Tufin Software Technologies Limited

75–100% shares
75–100% votes
Appoint directors

114, Yigal Alon Street, Tel Aviv-Yafo, 6744320

Reg: 513627398 · Israel · Limited Liability Corporation

Notified 11/04/2019

Former PSCs

Mr Edouard Cukierman

Ceased 11/04/2019

Mr Rick Scanlon

Ceased 11/04/2019

Charges2 outstanding

Charge
outstanding

TCG SENIOR FUNDING, L.L.C.

Created 25/08/2022Registered 12/09/2022
Charge
outstanding

TCG SENIOR FUNDING, L.L.C. (AS COLLATERAL AGENT)

Created 25/08/2022Registered 30/08/2022

CompanyRankvs 9498+ SIC 82990 peers
61

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.46× · 12/20
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 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.

Liquidity12/20 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

approval of these financial statements. The Directors have concluded that there are no material uncertainties that lead to significant doubt upon the Group's or Company's ability to continue as a going concern. Accordingly, the Directors have adopted the going concern basis in preparation of these financial statements. Results and dividends The profit for the year , after taxation, amounted to

Key FinancialsYear ending 31/12/2024

Turnover

£3.9M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£340k

Cash in the bank

Profit Before Tax

£245k

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£7.0M

Current Liabilities

£4.8M

Fixed Assets

£51k

Debtors

£6.6M

Gross Profit

£3.9M

Admin Expenses

£3.6M

Operating Profit

£223k

Profit After Tax

£366k

21avg. employees+1

Tax at Year End(2023)

Corp tax£34k

People Costs

Wages & salaries£1.8M
NI contributions£385k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.46+£49k
20234.61+£364k
20221.22+£575k
20212.43+£0
20212.43

Derived from filed accounts. Not audited figures.