Spring It System Ltd
09018886
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/04/2014
SOFTWARE DESIGN AND DEVELOPMENT
BRITISH · ENGLAND · Age 56
secretary · Since 01/09/2021
Persons with Significant Control
Mr. Rajeev Chaturvedi
British · England · Age 56
26, Tinwell Close, Reading, RG6 3BJ
Notified 01/01/2017
CompanyRankvs 3550+ SIC 62012 peers79
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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 30/04/2025
Net Worth
£23k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£21k
Working capital
Current Assets
£21k
Current Liabilities
£5k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.27 | — |
| 2024 | 0.81 | — |
| 2023 | 19.40 | -£21k |
| 2022 | 3.28 | +£42k |
| 2021 | 1.24 | -£5k |
| 2020 | 1.33 | +£2k |
| 2019 | 1.28 | -£11k |
| 2018 | 1.69 | — |
Derived from filed accounts. Not audited figures.