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Tripiq Systems Limited

09213395

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SUITE 1, 1ST FLOOR, NEWCASTLE UPON TYNE, NE1 5DW
Incorporated 11/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Hao Wang

director · Since 09/12/2021

CHAIRMAN OF THE BOARD

CHINESE · ENGLAND · Age 53

Also on 2 other boards

Mr Yingchen Yuan

director · Since 13/12/2022

COMPANY DIRECTOR

CHINESE · CHINA · Age 53

Also on 2 other boards

Mr Zhaoming Hu

director · Since 10/04/2025

COMPANY DIRECTOR

CHINESE · CHINA · Age 46

Mr Sheng Li

director · Since 30/12/2025

CHINESE · CHINA · Age 40

Persons with Significant Control

Co-Wheels Uk Limited

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

Suite 1, 7-15 Pink Lane, Newcastle Upon Tyne, NE1 5DW

Reg: 11607921 · Companies House · Private Limited Company

Notified 14/10/2020

Former PSCs

Mr Paul David Balmont

Ceased 04/04/2019

Mr Pierre Fox

Ceased 01/12/2016

Mr Richard Morris Falconer

Ceased 04/04/2019

Examotiva S.A.

Ceased 28/03/2020

Saic Europe Sarl

Ceased 14/10/2020

CompanyRankvs 32519+ SIC 62012 peers
33

Financial strength4th percentile among SIC peers · 1/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.08× · 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 strength1/25 pts

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

Employees13/15 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

Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 . The following principal accounting policies have been applied: 2.2 Going concern The directors have performed an assessment of the company's ability to continue as a going concern for the period to 31 December 2021. The cashflow forecast for that period indicates that the co

Key FinancialsYear ending 31/12/2019

Net Worth

-£144k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£6k

Current Liabilities

£65k

Fixed Assets

£9k

Debtors

£3k

4avg. employees

Balance Sheet

Assets less current liabilities-£51k
Prepared with Caseware UK (AP4) 2019.0.131

EstimatesDerived

YearCurrent Ratio
20190.08

Derived from filed accounts. Not audited figures.