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Thought Train Limited

10258678

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)
  • Negative net worth (-10)

Details

5TH FLOOR, LONDON, EC2V 8EY
Incorporated 30/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Ms Zuzana Chroma

secretary · Since 30/06/2016

Mr David Mark Pirrie

director · Since 30/06/2016

DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 65

Mr Michael John Baker

director · Since 01/10/2024

DIRECTOR

BRITISH · FRANCE · Age 54

Also on 4 other boards

Persons with Significant Control

Industrial Thought Ltd

75–100% shares

5th Floor, Ironmonger Lane, London, EC2V 8EY

Reg: 08809746 · England And Wales · Private Company Limited By Shares

Notified 30/06/2016

CompanyRankvs 49041+ SIC 62012 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.13× · 2/20
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 strength0/25 pts

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

Employees3/15 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.

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 31/12/2024

Net Worth

-£1.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£153k

Current Liabilities

£1.2M

0avg. employees

Balance Sheet

Assets less current liabilities-£1.1M
Signed by 10258678 2024-01-01 2024-12-31 10258678 2024-12-31 10258678 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13-£622k
20230.10

Derived from filed accounts. Not audited figures.