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Version Two Limited

08988691

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

SALATIN HOUSE, SUTTON, SM2 5DA
Incorporated 09/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Gary Clement

secretary · Since 09/04/2014

Mr Gary Clement

director · Since 09/04/2014

CO. DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Paul Brandon Schnell

director · Since 09/04/2014

CO. DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Thomas David Howie

director · Since 03/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Paul Brandon Schnell

25–50% shares
25–50% votes

British · England · Age 57

Salatin House, 19 Cedar Road, Sutton, SM2 5DA

Notified 06/04/2016

Mr Gary Clement

25–50% shares
25–50% votes

British · United Kingdom · Age 58

Salatin House, 19 Cedar Road, Sutton, SM2 5DA

Notified 06/04/2016

CompanyRankvs 30756+ SIC 62012 peers
44

Financial strength2th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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30756Version Two Limited
44
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£596k

Balance sheet strength

Cash

£9k

Cash in the bank

Profit Before Tax

-£170k

Bottom line earnings

Net Current Assets

-£611k

Working capital

Current Assets

£232k

Current Liabilities

£842k

Fixed Assets

£146k

Debtors

£223k

5avg. employees-2

Balance Sheet

Intangible assets£142k
Assets less current liabilities-£465k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.27-£170k
20240.25-£236k
20230.27—

Derived from filed accounts. Not audited figures.