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Pirean Software Ltd

08551735

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)
  • Going concern doubt noted in accounts (-10)

Details

1 BLOSSOM YARD, LONDON, E1 6RS
Incorporated 31/05/2013

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/02/2026

Due 08/03/2027

On track

Industry

58290
Other software publishing

Officers

Mr Richard John Addi

director · Since 05/09/2018

DIRECTOR

AMERICAN · UNITED STATES · Age 61

Also on 3 other boards

Reed Smith Corporate Services Limited

secretary · Since 15/10/2021

BRITISH

Also on 450 other boards

Edwin Richard Simpson

director · Since 15/05/2024

EXECUTIVE MANAGEMENT

BRITISH,CANADIAN,IRISH · UNITED STATES · Age 63

Also on 3 other boards

Persons with Significant Control

Pirean (Holdings) Limited

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

1, Blossom Yard, London, E1 6RS

Reg: 08409503 · United Kingdon · Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 05/01/2018Registered 15/01/2018Satisfied 14/02/2020

CompanyRankvs 6129+ SIC 58290 peers
21

Financial strength1th percentile among SIC peers · 0/25
Employees22th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 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.

Longevity13/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.9M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£4.9M

0avg. employees

Balance Sheet

Intangible assets£3.0M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearImplied Profit
2024-£181k
2023-£44k
2022-£393k
2021-£262k
2020+£87k
2019-£479k
2018-£231k

Derived from filed accounts. Not audited figures.