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Qarma Software Services Limited

11036755

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 401 AUDLEY HOUSE, WESTMINSTER, SW1E 5HX
Incorporated 30/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Larry Dean Deneault

director · Since 30/10/2017

DIRECTOR

AMERICAN · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr Andrew Neil Altink

director · Since 17/06/2018

DIRECTOR

DUTCH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mr Larry Dean Deneault

Significant control

American · United Kingdom · Age 69

Suite 401, Audley House, Westminster, SW1E 5HX

Notified 22/09/2023

Former PSCs

Mr Larry Dean Deneault

Ceased 18/06/2018

Ms Magdalena Karkonsinska Deneault

Ceased 30/10/2017

Mrs Magdalena Elzbieta Karkosinka-Deneault

Ceased 22/09/2023

Charges1 outstanding

Charge
outstanding

CLAYVARD LTD.

Created 23/07/2020Registered 03/08/2020

CompanyRankvs 17555+ SIC 62012 peers
51

Financial strength88th percentile among SIC peers · 22/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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17555Qarma Software Services Limited
60
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.

Employees13/15 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

Outstanding charges: -10 pts

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

£125k

Balance sheet strength

Cash

£177k

Cash in the bank

Net Current Assets

-£438k

Working capital

Current Assets

£189k

Current Liabilities

£627k

Fixed Assets

£578k

Debtors

£12k

3avg. employees

Balance Sheet

Intangible assets£577k
Bank loans & overdrafts£15k
Assets less current liabilities£140k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30-£436k
20231.04+£150k
20220.45+£0
20220.45-£738k
202113.57-£161k
202043.68+£694k
2019—-£5k

Derived from filed accounts. Not audited figures.