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Workable Technology Limited

08789789

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

5 GOLDEN SQUARE, LONDON, W1F 9BS
Incorporated 25/11/2013

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/11/2025

Due 09/12/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Spyridon Magiatis

director · Since 25/11/2013

ENTERPRENEUR

GREEK · GREECE · Age 51

Also on 1 other board

Mr Nikolaos Moraitakis

director · Since 25/11/2013

ENTERPRENEUR

GREEK · GREECE · Age 48

Also on 1 other board

Ms Laurel Charmaine Bowden

director · Since 31/01/2014

GENERAL PARTNER

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Mr William Mark Evans

director · Since 23/12/2014

DIRECTOR

CANADIAN · ENGLAND · Age 68

Mr Daniel David Waterhouse

director · Since 23/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Nathan Alexander Medlock

director · Since 18/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Robert Bixel Lopez

director · Since 01/06/2025

COMPANY NON-EXECUTIVE DIRECTOR

AMERICAN · UNITED STATES · Age 43

Charges0 outstanding

Charge
satisfied

SILICON VALLEY BANK

Created 18/06/2021Registered 22/06/2021Satisfied 18/08/2023
Charge
satisfied

SILICON VALLEY BANK

Created 12/05/2020Registered 13/05/2020Satisfied 18/08/2023
Charge
satisfied

SILICON VALLEY BANK

Created 18/04/2019Registered 23/04/2019Satisfied 18/08/2023
Charge
satisfied

TRIPLEPOINT CAPITAL LLC

Created 20/03/2018Registered 26/03/2018Satisfied 21/06/2021
Charge
satisfied

TRIPLEPOINT CAPITAL LLC

Created 20/03/2018Registered 26/03/2018Satisfied 21/06/2021

CompanyRankvs 43830+ SIC 62090 peers
70

Financial strength68th percentile among SIC peers · 17/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 23.25× · 20/20
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 strength17/25 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.

Liquidity20/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2020

Net Worth

£12k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£45.6M

Working capital

Current Assets

£47.7M

Current Liabilities

£2.1M

Fixed Assets

£6.0M

Debtors

£47.6M

Profit After Tax

-£4.7M

235avg. employees-31

People Costs(2019)

Wages & salaries£16.1M
NI contributions£2.2M

Balance Sheet

Assets less current liabilities£51.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202023.25+£49
201914.35

Derived from filed accounts. Not audited figures.