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Whitespace Ventures Limited

09354350

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)
  • Current liabilities exceed current assets (-10)

Details

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 15/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Paul Niall Jenkinson

director · Since 15/12/2014

ACCOUNTANT

BRITISH · ENGLAND · Age 55

Also on 11 other boards

Mr Andrew David Mccartney

director · Since 01/05/2015

DIRECTOR

BRITISH,IRISH · ENGLAND · Age 49

Also on 11 other boards

Persons with Significant Control

Mr Paul Niall Jenkinson

25–50% shares

British · England · Age 55

09354350 - Companies House Default Address, Cardiff, CF14 8LH

Notified 06/04/2016

Mr Andrew Mccartney

25–50% shares

British · United Kingdom · Age 49

09354350 - Companies House Default Address, Cardiff, CF14 8LH

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

FUNDSQUIRE LIMITED

Created 25/01/2019Registered 15/02/2019Satisfied 05/11/2019

CompanyRankvs 614230+ SIC 62012 peers
28

Financial strength0th percentile among SIC peers · 0/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity11/15 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 31/03/2025

Net Worth

-£5.4M

Balance sheet strength

Cash

£177k

Cash in the bank

Net Current Assets

-£5.5M

Working capital

Current Assets

£1.1M

Current Liabilities

£6.6M

Fixed Assets

£124k

Debtors

£906k

Tax at Year End

VAT£308k

Director Loans

Company owes directors£316k

Balance Sheet

Assets less current liabilities-£5.4M
Signed by Mr Paul Jenkinson 25/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.16-£652k£6.2M
20240.27-£1.5M
20230.33-£2.1M
20220.33-£1.4M£1.9M
20211.07+£2.0M£2.5M
20200.33-£167k£4.2M
20190.23

Derived from filed accounts. Not audited figures.