Threads Software Limited
11201996
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/02/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 2 other boards
director · Since 01/10/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 76
Also on 5 other boards
Persons with Significant Control
Dr John Paul Yardley
British · United Kingdom · Age 76
7, Branksome Way, New Malden, KT3 3AX
Notified 01/10/2018
Former PSCs
Miss Francesca Ann Yardley
Ceased 01/10/2018
CompanyRankvs 39730+ SIC 62012 peers36
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
-£787k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£26k
Current Liabilities
£687k
Fixed Assets
£90k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.04 | -£192k |
| 2024 | 0.03 | -£118k |
| 2023 | 0.04 | -£173k |
| 2022 | 0.04 | -£145k |
| 2021 | 0.09 | -£270k |
| 2020 | 9.19 | -£162k |
| 2019 | 2.96 | — |
Derived from filed accounts. Not audited figures.