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Ziflow Limited

09819483

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1ST FLOOR, LONDON, WC2A 1JF
Incorporated 12/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Matthew John Atkinson

director · Since 12/10/2015

COMPANY DIRECTOR

BRITISH · SWITZERLAND · Age 58

Mr Anthony Welgemoed

director · Since 12/10/2015

COMPANY DIRECTOR

BRITISH · SAUDI ARABIA · Age 47

Firas Adnan Raouf

director · Since 20/05/2020

GENERAL PARTNER

AMERICAN · UNITED STATES · Age 58

Mr Jonathan Drillings

director · Since 06/12/2022

PRIVATE EQUITY INVESTOR

AMERICAN · UNITED STATES · Age 43

Also on 1 other board

Michael Louis Volpe

director · Since 27/02/2024

DIRECTOR

ARMENIAN · UNITED STATES · Age 51

Keystone Law Limited

secretary · Since 14/03/2024

Also on 47 other boards

Persons with Significant Control

Mr Anthony Welgemoed

Significant control

British · England · Age 47

14675, Dallas Parkway, Dallas, TX 75254

Notified 06/04/2016

Matthew John Atkinson

25–50% shares

British · Switzerland · Age 58

14675, Dallas Parkway, Dallas, TX 75254

Notified 21/10/2024

Former PSCs

Mesa Investment Limited

Ceased 21/10/2024

Charges2 outstanding

Charge
outstanding

HSBC INNOVATION BANK LIMITED

Created 26/11/2025Registered 27/11/2025
Charge
outstanding

HSBC INNOVATION BANK LIMITED

Created 30/05/2024Registered 03/06/2024
Charge
satisfied

RIVERSIDE ACCELERATION CAPITAL FUND II, L.P.

Created 16/11/2020Registered 18/11/2020Satisfied 31/05/2024

CompanyRankvs 415140+ SIC 62012 peers
33

Financial strength0th percentile among SIC peers · 0/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.78× · 6/20
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 strength0/25 pts

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

Employees11/15 pts

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

Liquidity6/20 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 31/12/2023

Net Worth

-£6.9M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Net Current Assets

-£1.0M

Working capital

Current Assets

£3.6M

Current Liabilities

£4.7M

Fixed Assets

£1

Debtors

£1.6M

2avg. employees-77

Tax at Year End

VAT£38k

Director Loans

Company owes directors£4.9M

Balance Sheet

Assets less current liabilities-£1.0M
Signed by Anthony Welgemoed 26/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.78-£3.7M£764k
20225.79+£2.2M£301k
20213.72-£477k£386k
20207.17-£946k£606k
20198.60-£1.4M
20180.83

Derived from filed accounts. Not audited figures.