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Arctic Lake Technology Ltd

09659202

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

29 FINSBURY CIRCUS, LONDON, EC2M 5QQ
Incorporated 26/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Niels Christian Seier Buhl

director · Since 26/06/2015

ENTREPRENEUR

DANISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr Niels Christian Seier Buhl

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

Danish · United Kingdom · Age 60

29, Finsbury Circus, London, EC2M 5QQ

Notified 06/04/2016

CompanyRankvs 1301+ SIC 62012 peers
85

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.54× · 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 strength24/25 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.

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 30/06/2024

Net Worth

£872k

Balance sheet strength

Cash

£892k

Cash in the bank

Net Current Assets

£848k

Working capital

Current Assets

£1.2M

Current Liabilities

£333k

Fixed Assets

£53k

Debtors

£289k

20avg. employees+8

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£900k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.54-£58k
20233.19+£450k
20222.24+£274k
20211.50

Derived from filed accounts. Not audited figures.