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Mint Source Systems Ltd

09930500

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

13 JUDITH ROAD, SHEFFIELD, S26 2BJ
Incorporated 29/12/2015

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/12/2025

Due 11/01/2027

On track

Industry

62012
Business and domestic software development

Officers

Mrs Elizabeth Henshaw

director · Since 29/12/2015

COMPANY SECRETARY

BRITISH · ENGLAND · Age 42

Mr Ian Henshaw

director · Since 29/12/2015

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Ian Henshaw

25–50% shares

British · England · Age 47

13, Judith Road, Sheffield, S26 2BJ

Notified 28/12/2016

Mrs Elizabeth Henshaw

25–50% shares

British · England · Age 42

13, Judith Road, Sheffield, S26 2BJ

Notified 28/12/2016

CompanyRankvs 9487+ SIC 62012 peers
60

Financial strength74th percentile among SIC peers · 19/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 5.2× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees6/15 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.

Longevity10/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£22k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£24k

Current Liabilities

£5k

Fixed Assets

£3k

1avg. employees

Tax at Year End(2021)

VAT£2k

Balance Sheet

Assets less current liabilities£22k
Signed by Mr IAN HENSHAW 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.20-£8k
20237.31-£23k
20213.49-£3k£39k
20203.20£39k
20192.46
20183.66

Derived from filed accounts. Not audited figures.