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Cassini Systems Limited

08682150

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

78-83 UPPER THAMES STREET, LONDON, EC4R 3TD
Incorporated 09/09/2013

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/04/2026

Due 26/04/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Liam Yevgeni Huxley

director · Since 09/09/2013

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Neil Edwin Smith

secretary · Since 25/03/2015

Mr Neil Edwin Smith

director · Since 25/03/2015

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Marc Knaap

director · Since 14/03/2017

DIRECTOR

DUTCH · ENGLAND · Age 59

Also on 1 other board

Howard Alvin Mergelkamp

director · Since 11/04/2018

DIRECTOR

AMERICAN · UNITED STATES · Age 57

Mr Steven Frederick Piaker

director · Since 29/11/2021

DIRECTOR

AMERICAN · UNITED STATES · Age 63

Persons with Significant Control

Former PSCs

Liam Yevgeni Huxley

Ceased 29/11/2021

Charges1 outstanding

Charge
outstanding

ESPRESSO CAPITAL LTD.

Created 19/03/2026Registered 30/03/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/05/2023Registered 04/05/2023Satisfied 07/04/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/05/2023Registered 04/05/2023Satisfied 07/04/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/05/2023Registered 04/05/2023Satisfied 07/04/2026

CompanyRankvs 22322+ SIC 62012 peers
45

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

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.

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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£11.3M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Net Current Assets

£306k

Working capital

Current Assets

£5.1M

Current Liabilities

£4.8M

Fixed Assets

£95k

Debtors

£0

Profit After Tax

-£6.8M

73avg. employees+4

Balance Sheet

Intangible assets£75k
Bank loans & overdrafts£4.0M
Assets less current liabilities£98k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.06-£9.3M
20231.40-£6.5M
20222.97-£3.3M
2021+£10.4M
20211.72-£1.1M
20202.42-£1.5M
20192.84-£10k
20195.72+£184
20189.85

Derived from filed accounts. Not audited figures.