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Whitespace Ventures Limited

09354350

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

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

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/12/2025

Due 24/12/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Paul Niall Jenkinson

director · Since 15/12/2014

ACCOUNTANT

BRITISH · ENGLAND · Age 56

Also on 11 other boards

Mr Andrew David Mccartney

director · Since 01/05/2015

DIRECTOR

BRITISH,IRISH · ENGLAND · Age 50

Also on 11 other boards

Persons with Significant Control

Mr Paul Niall Jenkinson

25–50% shares

British · England · Age 56

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

Notified 06/04/2016

Mr Andrew Mccartney

25–50% shares

British · United Kingdom · Age 50

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

Notified 06/04/2016

Charges2 outstanding

A registered charge
outstanding

WHITEROCK IFNI DEBT GP LIMITED IN ITS CAPACITY AS GENERAL PARTNER FOR AND ON BEHALF OF IFNI - D

Created 28/08/2026Registered 02/09/2026
A registered charge
outstanding

WHITEROCK IFNI DEBT GP LIMITED IN ITS CAPACITY AS GENERAL PARTNER FOR AND ON BEHALF OF IFNI - D

Created 28/08/2026Registered 02/09/2026

CompanyRankvs 50997+ SIC 62012 peers
19

Financial strength0th percentile among SIC peers · 0/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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

Outstanding charges: -10 pts

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

Derived from filed accounts. Not audited figures.