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Focal Ventures Ltd

11176072

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 29/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Timothy Sebastian Wright

director · Since 30/04/2018

PRODUCT DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Mr Thomas Olivier Claridge

director · Since 30/04/2018

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Matthew Ashleigh Jonathan Gates

director · Since 30/04/2018

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Mr Rolf Gert Groenewold

director · Since 30/04/2018

COMPANY DIRECTOR

DUTCH · UNITED KINGDOM · Age 40

Also on 1 other board

Mr Jeremy Giles Hallsworth

director · Since 30/04/2018

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Benjamin Alan Quiney

director · Since 30/04/2018

BUSINESS DEVELOPMENT DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 8 other boards

Mr Graham Richard Bell

director · Since 01/05/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Lee Wainwright

director · Since 01/12/2020

CEO

BRITISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Mr Karl Meier

director · Since 06/04/2021

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 59

Mr Karl Laurence Meier

secretary · Since 23/12/2021

Mr Graham John Corfield

director · Since 01/04/2023

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 57

Also on 10 other boards

Mr Stephen Thomas Folwell

director · Since 01/10/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/04/2020Registered 07/05/2020Satisfied 23/07/2025

CompanyRankvs 34638+ SIC 62012 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 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.

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.

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.

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

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 concer

Key FinancialsYear ending 31/12/2020

Net Worth

-£472k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£585k

Working capital

Current Assets

£252k

Current Liabilities

£837k

Fixed Assets

£1.5M

Debtors

£226k

Profit After Tax

-£412k

7avg. employees

Tax at Year End

Corp tax£0

People Costs

Wages & salaries£77k
NI contributions£14k

Balance Sheet

Bank loans & overdrafts£0
Assets less current liabilities£922k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20200.30-£168k
20190.33-£394k
2018-£43k

Derived from filed accounts. Not audited figures.