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Arctic Software Development Limited

09911111

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

105 BARBARA SQUARE, NOTTINGHAM, NG15 8AP
Incorporated 10/12/2015

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/11/2025

Due 13/12/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Steven James Elston

director · Since 10/12/2015

SOFTWARE DEVELOPMENT

BRITISH · ENGLAND · Age 48

Mrs Zsuzsanna Eva Elston

director · Since 27/10/2022

PERSONAL ASSISTANT & WEB CONTENT MANAGER

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Steven James Elston

75–100% shares

British · England · Age 48

105, Barbara Square, Nottingham, NG15 8AP

Notified 29/11/2016

Mrs Zsuzsanna Eva Elston

25–50% shares

British · England · Age 47

105, Barbara Square, Nottingham, NG15 8AP

Notified 29/11/2016

CompanyRankvs 4159+ SIC 62012 peers
79

Financial strength86th percentile among SIC peers · 22/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.72× · 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 strength22/25 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.

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 31/12/2024

Net Worth

£96k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£121k

Current Liabilities

£26k

Fixed Assets

£1k

2avg. employees

Balance Sheet

Assets less current liabilities£97k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.72-£18k
20238.12+£25k
20224.55+£32k
20214.29+£22k
20209.96+£2k
201920.44+£13k
20184.37

Derived from filed accounts. Not audited figures.