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Soundtheory Limited

09471908

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

5 SOUTH PARADE, OXFORD, OX2 7JL
Incorporated 05/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

David Moray Pringle

director · Since 05/03/2015

DIRECTOR

BRITISH · AUSTRALIA · Age 69

Also on 1 other board

Persons with Significant Control

David Moray Pringle

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

British · Australia · Age 69

5, South Parade, Oxford, OX2 7JL

Notified 06/04/2016

CompanyRankvs 2201+ SIC 62012 peers
82

Financial strength98th percentile among SIC peers · 25/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 24.51× · 20/20
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 strength25/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 28/02/2025

Net Worth

£2.5M

Balance sheet strength

Cash

£294k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.1M

Current Liabilities

£85k

Fixed Assets

£493k

Debtors

£1.8M

2avg. employees

Director Loans

Company owes directors£74k

Balance Sheet

Intangible assets£460k
Assets less current liabilities£2.5M
Signed by Mr D M Pringle 25th November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202524.51+£405k
20242.79+£181k
20232.28+£267k
202219.35

Derived from filed accounts. Not audited figures.