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Appsumer Ltd

09370695

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

7TH & 8TH FLOORS, LONDON, EC4R 9AT
Incorporated 31/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Abhay Singhal

director · Since 13/10/2021

DIRECTOR

INDIAN · UNITED STATES · Age 46

Mr Naveen Tewari

director · Since 13/10/2021

DIRECTOR

INDIAN · SINGAPORE · Age 48

Mr Ian Bancroft Anderson

director · Since 26/09/2025

COMPUTER PROGRAMMER

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr Mohammed Shumel Lais

Ceased 20/01/2022

Charges0 outstanding

Charge
satisfied

CRESTLINE DIRECT FINANCE, L.P.

Created 25/03/2022Registered 07/04/2022Satisfied 01/08/2024
Charge
satisfied

GLIF SD LP, ACTING BY ITS GENERAL PARTNER GLIF SD GP LTD

Created 10/03/2021Registered 22/03/2021Satisfied 15/11/2021
Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 11/02/2020Registered 18/02/2020Satisfied 12/02/2021

CompanyRankvs 36651+ SIC 62090 peers
32

Financial strength0th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees14/15 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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/03/2024

Turnover

£450k

Annual revenue

Net Worth

-£3.5M

Balance sheet strength

Cash

£278k

Cash in the bank

Profit Before Tax

-£1.3M

Bottom line earnings

Net Current Assets

-£3.5M

Working capital

Current Assets

£626k

Current Liabilities

£4.1M

Fixed Assets

£1k

Debtors

£348k

Gross Profit

£450k

Admin Expenses

£1.7M

Operating Profit

-£1.3M

Profit After Tax

-£1.3M

14avg. employees-1

Balance Sheet

Assets less current liabilities-£3.5M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15-£3.1M
20220.69-£231k
20201.53-£118k
20191.16+£148
20186.14

Derived from filed accounts. Not audited figures.