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Low 6 Limited

10799636

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

OAKMOORE COURT KINGSWOOD ROAD, DROITWICH, WR9 0QH
Incorporated 02/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Jamie Mitchell

director · Since 18/04/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr Jeffrey Haas

director · Since 31/10/2022

COMPANY DIRECTOR

CANADIAN · DENMARK · Age 52

Mr Desmond Frederick Richard Longe

director · Since 01/02/2025

SPORTS RIGHTS AND TECHNOLOGY ADVISORY

BRITISH · ENGLAND · Age 44

Mr John Bernard Cosgrove

director · Since 14/02/2026

IRISH · IRELAND · Age 54

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr Liam Francis Wainwright

Ceased 18/04/2018

Mr Jamie Mitchell

Ceased 02/10/2020

Charges0 outstanding

Charge
satisfied

FINSTOCK CAPITAL LIMITED

Created 26/04/2023Registered 27/04/2023Satisfied 03/07/2023
Charge
satisfied

LOW 6 SECURITY TRUSTEE LIMITED

Created 27/11/2019Registered 29/11/2019Satisfied 05/02/2021

CompanyRankvs 1595+ SIC 62011 peers
53

Financial strength86th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio -0.26× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees15/15 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.

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

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

shares previously, envisages that any future Capital Raising would be strongly supported by their domestic and global institutional and high net worth client base. The group is forecasted to be a going concern on this basis, however the directors acknowledge that should revenues not grow as expected, this would represent an event that would cast significant doubt over the entities ability to opera

Key FinancialsYear ending 30/06/2022

Turnover

£855k

Annual revenue

Net Worth

£57k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£18.4M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£3.1M

Current Liabilities

-£11.6M

Debtors

£116k

Cost of Sales

£4.6M

Gross Profit

-£3.7M

Admin Expenses

£9.2M

Operating Profit

-£13.6M

Profit After Tax

-£18.0M

47avg. employees+16

People Costs

Wages & salaries£2.7M
NI contributions£317k

Balance Sheet

Intangible assets£540k
Bank loans & overdrafts£12k
Total assets£3.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.26+£53k
20210.37+£0
20200.24+£671k
20190.24

Derived from filed accounts. Not audited figures.