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Bounteous Uk Ltd

10711071

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

60 CANNON STREET, LONDON, EC4N 6NP
Incorporated 05/04/2017

Compliance

Last accounts

30/06/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

58290
Other software publishing

Officers

Mr Ketan Somani

director · Since 10/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Persons with Significant Control

Bounteous, Inc.

75–100% shares
75–100% votes

6303, Cowboys Way #375, Frisco, Tx 75034, Frisco

Notified 30/09/2025

Former PSCs

Leelakumar Venkata Narayana Kaza

Ceased 08/02/2018

Accolite Labs Llc

Ceased 28/01/2021

Accolite Digital Labs Llc

Ceased 29/09/2025

Accolite Digital Group, Inc.

Ceased 30/09/2025

Charges1 outstanding

Charge
satisfied

AUDAX PRIVATE DEBT LLC

Created 10/04/2023Registered 12/04/2023Satisfied 01/02/2024
Charge
outstanding

HSBC UK BANK PLC

Created 01/02/2023Registered 16/02/2023

CompanyRankvs 4080+ SIC 58290 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity9 years trading (max 15) · 9/15
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.

Employees15/15 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.

Longevity9/15 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 30/06/2022

Turnover

£4.1M

Annual revenue

Net Worth

-£1.4M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

-£1.5M

Bottom line earnings

Net Current Assets

-£1.4M

Working capital

Current Assets

£3.3M

Current Liabilities

£4.7M

Debtors

£2.2M

Gross Profit

£4.1M

Admin Expenses

£5.5M

Operating Profit

-£1.5M

25avg. employees+21

Balance Sheet

Assets less current liabilities-£1.4M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20220.69-£1.5M
20211.04-£341k
20202.81+£215k
20193.46
20180.99

Derived from filed accounts. Not audited figures.