The Third System Foundation
08699457
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
30/09/2025
total exemption full
Next accounts due
30/06/2027
Confirmation statement
Last: 20/09/2025
Due 04/10/2026
Industry
Officers
secretary · Since 20/09/2013
Persons with Significant Control
Mr Trevor Edward Hilder
British · England · Age 75
50, Avenue Road, Trowbridge, BA14 0AQ
Notified 06/04/2016
Change History
Active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
50 AVENUE ROAD
TROWBRIDGE
CompanyRankvs 27943+ SIC 85590 peers34
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Net Worth
-£25k
Balance sheet strength
Cash
£154
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£1k
Current Liabilities
£26k
Debtors
£851
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.04 | -£6k |
| 2024 | 0.01 | -£1k |
Derived from filed accounts. Not audited figures.