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Blue Array Ltd

09610441

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

WORK.LIFE READING, THE WHITE BUILDING, 33, READING, RG1 3AR
Incorporated 27/05/2015

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/09/2025

Due 08/10/2026

On track

Industry

62090
Other information technology service activities
82302
82302
85590
Other education

Officers

Mr Simon Anton Victor Schnieders

director · Since 27/05/2015

IT MANAGER

GERMAN · ENGLAND · Age 52

Mrs Lacy Louise Schnieders

secretary · Since 25/11/2015

Also on 1 other board

Mrs Lacy Louise Schnieders

director · Since 27/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Simon Anton Victor Schnieders

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

German · England · Age 52

Work.Life Reading, The White Building, 33, King's Road, Reading, RG1 3AR

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 22/07/2020Registered 22/07/2020
Charge
satisfied

EDINBURGH ALTERNATIVE FINANCE LTD (TRADING AS LENDINGCROWD)

Created 28/01/2019Registered 04/02/2019Satisfied 31/01/2022

CompanyRankvs 25333+ SIC 62090 peers
44

Financial strength4th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.48× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£66k

Balance sheet strength

Cash

£453k

Cash in the bank

Net Current Assets

£219k

Working capital

Current Assets

£679k

Current Liabilities

£460k

Fixed Assets

£105k

Debtors

£226k

29avg. employees-7

Tax at Year End(2018)

Corp tax£63k
VAT£91k
Dividends paid£79k

Director Loans(2018)

Directors owe company£3k

Balance Sheet

Intangible assets£3k
Assets less current liabilities£325k
Signed by Mr Simon Schnieders 29 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.48-£498k
20232.85-£281k
20222.15+£217k
20211.64+£270k
20201.50-£101k
20191.70+£171k
20181.47+£27k£1.8M
20182.10

Derived from filed accounts. Not audited figures.