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Generated Health Ltd

11119894

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

MERCURY HOUSE, LONDON, SE1 8UL
Incorporated 20/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Ingolv Urnes

director · Since 20/12/2017

DIRECTOR

NORWEGIAN · UNITED KINGDOM · Age 58

Mr Michael Ian Hill

director · Since 19/06/2018

INVESTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Persons with Significant Control

Former PSCs

Mr Ingolv Urnes

Ceased 10/03/2023

CompanyRankvs 2265+ SIC 62012 peers
82

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 28.41× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

Longevity8/15 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

£1.6M

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£3.0M

Working capital

Current Assets

£3.1M

Current Liabilities

£108k

Fixed Assets

£315k

Debtors

£3.1M

12avg. employees-1

Balance Sheet

Intangible assets£245k
Assets less current liabilities£3.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202428.41-£165k
20235.43-£91k
20239.85+£838k
20223.93+£907k
20211.75
20203.58
20194.79

Derived from filed accounts. Not audited figures.