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Zahara Systems Ltd

10845313

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

5-6 WOOD STREET, BATH, BA1 2JQ
Incorporated 30/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
82990
Other business support service activities

Officers

Mr Jonathan Lee

director · Since 30/06/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Mr Martin Peirce

director · Since 30/06/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Mr Piers Malcolm Charles Millar

director · Since 07/01/2019

NONE

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Rolf Nuijens

director · Since 31/08/2022

DIRECTOR

DUTCH · ENGLAND · Age 56

Persons with Significant Control

Mr Martin Peirce

75–100% shares

British · United Kingdom · Age 57

Cambridge House, Henry Street, Bath, BA1 1BT

Notified 30/06/2017

Mr Piers Malcolm Charles Millar

25–50% shares
25–50% votes

British · England · Age 54

Cambridge House, Henry Street, Bath, BA1 1BT

Notified 10/04/2021

Former PSCs

Mr Jonathan Lee

Ceased 12/02/2019

Charges0 outstanding

Charge
satisfied

SPRK CAPITAL LIMITED

Created 03/11/2023Registered 06/11/2023Satisfied 15/11/2024
Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 24/01/2022Registered 25/01/2022Satisfied 10/02/2022

CompanyRankvs 13318+ SIC 62012 peers
65

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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13318Zahara Systems Ltd
65
How is this score calculated?
Financial strength24/25 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.

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

£528k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£233k

Working capital

Current Assets

£190k

Current Liabilities

£423k

Fixed Assets

£1.5M

Debtors

£172k

27avg. employees+1

Balance Sheet

Intangible assets£1.5M
Assets less current liabilities£1.2M
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45-£308k
20231.95+£373k
20221.03+£826k
20210.71—

Derived from filed accounts. Not audited figures.