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Substantive Research Limited

09400277

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

11TH FLOOR 25 NORTH COLONNADE, LONDON, E14 5HS
Incorporated 21/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Michael Stuart Carrodus

director · Since 21/01/2015

PUBLISHER

BRITISH · ENGLAND · Age 52

Also on 1 other board

Camille Beudin

director · Since 16/09/2024

HEAD OF DIVERSIFIED SERVICES

FRENCH · FRANCE · Age 41

Mr Amrish Arunkumar Ganatra

director · Since 16/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 5 other boards

Persons with Significant Control

Euronext Uk Holdings Limited

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

11th Floor, 25 North Colonnade, London, E14 5HS

Reg: 11722153 · Companies House · Private Limited Company

Notified 16/09/2024

Former PSCs

Michael Stuart Carrodus

Ceased 16/09/2024

Scottish Growth Scheme- Foresight Group Equity Finance L.P

Ceased 16/09/2024

CompanyRankvs 46017+ SIC 62012 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.48× · 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.

Employees3/15 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 31/01/2025

Net Worth

-£961k

Balance sheet strength

Cash

£138k

Cash in the bank

Net Current Assets

-£713k

Working capital

Current Assets

£663k

Current Liabilities

£1.4M

Fixed Assets

£2k

Debtors

£526k

Profit After Tax

-£370k

0avg. employees-7

Balance Sheet

Assets less current liabilities-£711k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.48-£802k
20200.48-£45k
20190.43

Derived from filed accounts. Not audited figures.