Strategic Software Applications Ltd
08423947
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 28/02/2026
Due 14/03/2027
Industry
Officers
Former
director · Resigned 23/11/2021
director · Resigned 18/08/2022
director · Resigned 31/10/2025
director · Resigned 21/01/2026
Persons with Significant Control
Foresight Enterprise Vct Plc
Foresight Group Llp, The Shard, 32 London Bridge Street, London, SE1 9SG
Reg: 03506579 · Companies House · Public Limited Company
Notified 18/08/2022
Foresight Vct Plc
Foresight Group Llp, The Shard, 32 London Bridge Street, London, SE1 9SG
Reg: 03421340 · Companies House · Public Limited Company
Notified 18/08/2022
Former PSCs
Mr John Michael Charles O'Dwyer
Ceased 18/08/2022
Charges0 outstanding
BARCLAYS BANK PLC
Change History
Active
LONDON
Private Limited Company
C/O FIELDFISHER RIVERBANK HOUSE
CompanyRankvs 10153+ SIC 62012 peers63
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
there to be no material uncertainties that would cast significant doubt on the Company’s ability to continue as a going concern. They will continue to monitor these Going concern lead indicators and ensure that steps are taken by management to ensure that all financial commitments can be met when they fall due. 2.3 Foreign currency translation Functional and presentation curr
Key FinancialsYear ending 31/03/2025
Net Worth
£1.2M
Balance sheet strength
Cash
£876k
Cash in the bank
Net Current Assets
-£613k
Working capital
Current Assets
£2.2M
Current Liabilities
£2.9M
Fixed Assets
£1.8M
Debtors
£1.4M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.78 | +£197k |
| 2024 | 0.67 | -£1.9M |
| 2023 | 1.31 | — |
Derived from filed accounts. Not audited figures.