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Radar Leisure Tech Limited

09729773

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

30 BANKSIDE COURT, STATIONFIELDS, OXFORD, OX5 1JE
Incorporated 12/08/2015

Compliance

Last accounts

31/12/2024

small

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Nicolas Hans Musto

director · Since 12/08/2015

FOUNDER

BRITISH · ENGLAND · Age 32

Mr Andrew Willfred Mark Jennings

director · Since 07/05/2025

INVESTOR

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Mr Jack Joseph Briggs

director · Since 03/07/2025

INVESTMENT ASSOCIATE

BRITISH · ENGLAND · Age 28

Persons with Significant Control

Former PSCs

Mr Nicolas Hans Musto

Ceased 08/12/2025

CompanyRankvs 3099+ SIC 62011 peers
34

Financial strength3th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.42× · 2/20
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 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.

Liquidity2/20 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

events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. The audit report was signed on 20 March 2026 by Will Winstone (Senior Statutory Auditor) on behalf of HaysMac LLP . Page 12

Key FinancialsYear ending 31/12/2024

Net Worth

-£169k

Balance sheet strength

Cash

£365k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£971k

Current Liabilities

£2.3M

Fixed Assets

£1.2M

Debtors

£607k

48avg. employees+7

Balance Sheet

Intangible assets£1.2M
Bank loans & overdrafts£11k
Assets less current liabilities-£165k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42+£929k
20230.31-£2.5M
20213.54+£1.5M
20200.88
20191.61
20180.52

Derived from filed accounts. Not audited figures.