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Axolotl Technologies Ltd

11099853

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR MARLBOROUGH HOUSE, CHELMSFORD, CM1 1LN
Incorporated 06/12/2017

Compliance

Last accounts

31/12/2023

group

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 20/03/2026

Due 03/04/2027

On track

Industry

62012
Business and domestic software development
96010
Washing and (dry-)cleaning of textile and fur products

Officers

Dr Kyle Colin Grant-Talbot

director · Since 06/12/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Mr Frederick Christopher Ruggles Andrewes

director · Since 29/07/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Jonathan Young

secretary · Since 09/09/2024

Erik Verstappen

director · Since 31/10/2024

COMPANY DIRECTOR

DUTCH · NETHERLANDS · Age 67

Persons with Significant Control

Kyle Grant-Talbot

Significant control

British · United Kingdom · Age 35

Ty Antur, Navigation Park, Abercynon, CF45 4SN

Notified 06/12/2017

Pentland Capital Limited

50–75% shares
50–75% votes

8, Manchester Square, London, W1U 3PH

Notified 08/07/2024

Charges0 outstanding

Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 07/11/2023Registered 08/11/2023Satisfied 27/02/2024
Charge
satisfied

GENERAL SUBSIDIARY 2 LIMITED

Created 04/12/2020Registered 15/12/2020Satisfied 30/03/2023

CompanyRankvs 1882+ SIC 62012 peers
74

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.16× · 20/20
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 strength25/25 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.

Liquidity20/20 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

due for at least twelve months from the date of approval of the financial statements. If any material uncertainties exist that may cast significant doubt upon the company's ability to continue as a going concern, these uncertainties are disclosed in the notes to the financial statements. Medium-sized companies exemption This report has been prepared in accordance with the provisions applicable to

Key FinancialsYear ending 31/12/2023

Net Worth

£4.3M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

Working capital

Current Assets

£3.7M

Current Liabilities

£1.2M

Fixed Assets

£1.7M

Debtors

£2.0M

Cost of Sales

£2.1M

Admin Expenses

£3.8M

Profit After Tax

-£3.7M

91avg. employees+12

Tax at Year End(2022)

Corp tax£0

People Costs

Wages & salaries£2.9M

Balance Sheet

Intangible assets£1.0M
Bank loans & overdrafts£460k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20233.16-£2.1M
202222.72+£4.1M
20218.36+£1.3M
20204.32+£848k
20191.51

Derived from filed accounts. Not audited figures.