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Binary Bear Ltd

10227311

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

SUSSEX INNOVATION CENTRE FALMER SCIENCE PARK SQUARE, BRIGHTON, BN1 9SB
Incorporated 11/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Jeremy Joe Doveton

director · Since 11/06/2016

CONSULTANT

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Persons with Significant Control

Mr Jeremy Joe Doveton

75–100% shares

British · England · Age 56

Sussex Innovation Centre Falmer, Science Park Square, Brighton, BN1 9SB

Notified 11/06/2016

CompanyRankvs 82184+ SIC 62020 peers
42

Financial strength37th percentile among SIC peers · 9/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 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.

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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

£182

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£54k

Current Liabilities

£69k

Fixed Assets

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£482
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78
20230.80
20220.44-£38k
20210.89
20201.49
20191.15
20181.78

Derived from filed accounts. Not audited figures.