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Apply Works Ltd

09523926

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

19A WESTERN TERRACE, FALMOUTH, TR11 4QN
Incorporated 02/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Michael Alexander Boyd

director · Since 02/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 43

Miss Sophie Louise Reynolds

director · Since 23/12/2015

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Persons with Significant Control

Mr Michael Alexander Boyd

75–100% shares
75–100% votes

British · England · Age 43

19a, Western Terrace, Falmouth, TR11 4QN

Notified 06/04/2016

CompanyRankvs 3118+ SIC 74909 peers
81

Financial strength85th percentile among SIC peers · 21/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.96× · 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 strength21/25 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.

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 31/07/2025

Net Worth

£103k

Balance sheet strength

Cash

£58k

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£76k

Current Liabilities

£15k

Fixed Assets

£52k

Debtors

£12k

4avg. employees-1

Tax at Year End(2022)

Corp tax£3k
VAT£9k

Director Loans(2022)

Company owes directors£2k
Directors owe company£2k

Balance Sheet

Assets less current liabilities£113k
Signed by Mr Mike Boyd 26/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.96+£7k
20242.90+£20k
20232.27+£62k
20221.14+£1k£171k
20211.75-£11k£130k
20202.74-£4k£8k
20192.04+£6k
20182.11

Derived from filed accounts. Not audited figures.