Architech Software Limited
10940789
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/11/2023
COMPANY DIRECTOR
SOUTH AFRICAN · ENGLAND · Age 38
Also on 4 other boards
Persons with Significant Control
Correlation One Investments (Europe) Limited
3rd Floor, 114a Cromwell Road, London, SW7 4AG
Reg: 14364051 · England And Wales · Limited Company
Notified 04/07/2023
Former PSCs
Mr Andrew Robin Leal
Ceased 05/04/2022
Correlation Holdings Limited
Ceased 01/10/2020
Charges6 outstanding
CORRELATION ONE INVESTMENTS (EUROPE) LIMITED
CORRELATION ONE INVESTMENTS (EUROPE) LIMITED
CORRELATION ONE HOLDINGS LIMITED
CORRELATION ONE HOLDINGS LIMITED
CORRELATION ONE HOLDINGS LIMITED
CORRELATION ONE HOLDINGS LIMITED
CompanyRankvs 34607+ SIC 62012 peers25
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£11.0M
Annual revenue
Net Worth
-£18.5M
Balance sheet strength
Cash
£2.0M
Cash in the bank
Profit Before Tax
-£4.9M
Bottom line earnings
Net Current Assets
-£948k
Working capital
Current Assets
£2.2M
Current Liabilities
£3.2M
Fixed Assets
£265k
Debtors
£184k
Cost of Sales
£8.5M
Gross Profit
£2.6M
Admin Expenses
£5.7M
Operating Profit
-£3.1M
Profit After Tax
-£4.9M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.70 | -£13.0M |
| 2023 | 75.50 | -£2.4M |
| 2022 | 4.21 | -£1.5M |
| 2021 | 28.63 | -£1.3M |
| 2020 | 17.78 | +£43k |
| 2019 | 3.06 | — |
Derived from filed accounts. Not audited figures.