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Tyk Technologies Limited

09727592

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

HUCKLETREE 199 BISHOPSGATE, LONDON, EC2M 3TY
Incorporated 11/08/2015

Compliance

Last accounts

31/01/2025

group

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 27/08/2025

Due 10/09/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr James Grenville Hirst

director · Since 11/08/2015

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 47

Also on 1 other board

Mr Martin Philip Buhr

director · Since 11/08/2015

HEAD OF TECHNOLOGY AND PRODUCT DEVELOPME

GERMAN · NEW ZEALAND · Age 44

Mr. Andrew Richard Murray

director · Since 06/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Mr Carl Pontus Noren

director · Since 28/04/2020

DIRECTOR

SWEDISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Mr Mina Samaan

director · Since 14/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 3 other boards

Mrs Jessica Cowen

secretary · Since 02/03/2022

Mr Martin Francis Brennan

director · Since 03/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr James Grenville Hirst

Significant control

English · England · Age 47

Huckletree, 199 Bishopsgate, London, EC2M 3TY

Notified 06/04/2016

Mr Martin Philip Buhr

Significant control

German · New Zealand · Age 44

Huckletree, 199 Bishopsgate, London, EC2M 3TY

Notified 06/04/2016

Mr Andrew Richard Murray

Significant control

British · United Kingdom · Age 47

Huckletree, 199 Bishopsgate, London, EC2M 3TY

Notified 10/07/2018

Former PSCs

Mainspring Nominees (2) Limited

Ceased 06/09/2021

Charges0 outstanding

Charge
satisfied

HSBC INNOVATION BANK LIMITED

Created 11/07/2023Registered 13/07/2023Satisfied 07/01/2025

CompanyRankvs 34475+ SIC 62012 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Liquidity16/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/01/2025

Net Worth

-£1.4M

Balance sheet strength

Cash

£4.9M

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£5.4M

Current Liabilities

£3.1M

Fixed Assets

£6k

Debtors

£1.5M

Cost of Sales

£1.5M

Admin Expenses

£16.1M

Profit After Tax

-£4.9M

0avg. employees-44

People Costs

Wages & salaries£7.7M

Balance Sheet

Intangible assets£0
Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.74-£7.1M
2023+£3.7M
20201.71+£397k
20201.69-£1.3M
20192.41+£3.4M
20180.21

Derived from filed accounts. Not audited figures.