Back to search

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 10106+ SIC 62012 peers
59

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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

31st December 2025 but prior to the date of this report. Mrs F Meyerowitz , Mr G R Lewis and Mr E P G Keelan ceased to be directors after 31st December 2025 but prior to the date of this report. 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 making th

Key FinancialsYear ending 31/12/2025

Turnover

£2.6M

Annual revenue

Net Worth

£5.4M

Balance sheet strength

Cash

£40k

Cash in the bank

Profit Before Tax

-£1.3M

Bottom line earnings

Net Current Assets

-£2.0M

Working capital

Current Assets

£906k

Current Liabilities

£2.9M

Fixed Assets

£9.6M

Debtors

£865k

Cost of Sales

£1.4M

Gross Profit

£1.2M

Admin Expenses

£2.5M

Operating Profit

-£1.2M

Profit After Tax

-£1.1M

26avg. employees

Tax at Year End(2025)

Corp tax-£221k

People Costs

Wages & salaries£681k
NI contributions£47k

Balance Sheet

Intangible assets£9.6M
Bank loans & overdrafts£227k
Assets less current liabilities£7.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.31-£1.1M
20250.43+£154k
20240.36-£1.5M
20231.83

Derived from filed accounts. Not audited figures.