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Delio Ltd

09092423

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

29 WINDSOR PLACE, CARDIFF, CF10 3BZ
Incorporated 19/06/2014

Compliance

Last accounts

31/12/2025

medium

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 13/08/2025

Due 27/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Gareth Morgan

director · Since 01/12/2024

CO-CHIEF EXECUTIVE

BRITISH · WALES · Age 48

Mr. William Sherman

director · Since 27/01/2026

AMERICAN · UNITED STATES · Age 60

Mr. Andrew Cushing Webb

director · Since 27/01/2026

AMERICAN · UNITED STATES · Age 52

Persons with Significant Control

Ialta Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

29, Windsor Place, Cardiff, CF10 3BZ

Reg: 16854807 · Register Of Companies For England And Wales · Private Limited Company

Notified 27/01/2026

Former PSCs

Mr Gareth David Newman

Ceased 23/07/2019

Mr Gareth Robert Lewis

Ceased 23/07/2019

Octopus Apollo Vct Plc

Ceased 27/01/2026

Charges0 outstanding

Charge
satisfied

SPRK CAPITAL LIMITED

Created 16/04/2025Registered 16/04/2025Satisfied 27/01/2026
Charge
satisfied

SPRK CAPITAL LIMITED

Created 25/03/2025Registered 25/03/2025Satisfied 23/04/2025
Charge
satisfied

SPRK CAPITAL LIMITED

Created 14/10/2024Registered 24/10/2024Satisfied 23/04/2025
Charge
satisfied

SPRK CAPITAL LIMITED

Created 30/06/2023Registered 30/06/2023Satisfied 30/10/2024
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/09/2018Registered 21/09/2018Satisfied 02/09/2025

CompanyRankvs 10929+ SIC 62012 peers
59

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

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.

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

Mr E P G Keelan Other changes in directors holding office are as follows: Mr J Darlington - resigned 3 May 2024 Mrs F Meyerowitz - appointed 1 December 2024 Mr G Morgan - appointed 1 December 2024 GOING CONCERN The financial statements are prepared on a going concern basis as the directors are satisfied that the Company has the ability to continue in business for the foreseeable future. In maki

Key FinancialsYear ending 31/03/2025

Turnover

£3.4M

Annual revenue

Net Worth

£6.6M

Balance sheet strength

Cash

£89k

Cash in the bank

Profit Before Tax

-£568k

Bottom line earnings

Net Current Assets

-£1.2M

Working capital

Current Assets

£889k

Current Liabilities

£2.1M

Fixed Assets

£9.8M

Debtors

£800k

Cost of Sales

£1.7M

Gross Profit

£1.8M

Admin Expenses

£2.2M

Operating Profit

-£469k

Profit After Tax

-£397k

26avg. employees-29

Tax at Year End

Corp tax-£221k

People Costs

Wages & salaries£607k

Balance Sheet

Intangible assets£9.8M
Bank loans & overdrafts£47k
Assets less current liabilities£8.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.43+£154k
20240.36-£1.5M
20231.83+£4.8M
20211.64-£26k
20205.70+£2.0M
20191.87

Derived from filed accounts. Not audited figures.