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Method Apps Limited

11235998

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

11 LAURA PLACE, BATH, BA2 4BL
Incorporated 06/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Thomas Tristan Knights

director · Since 06/03/2018

GRAPHIC DESIGNER

BRITISH · ENGLAND · Age 47

Mr Dominic Moorhouse

director · Since 06/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Mr Jody Alexander Van Vestraut

director · Since 06/03/2018

SOFTWARE DEVELOPER

BRITISH · ENGLAND · Age 49

Mr Philip Roland Jeffery Morpeth

director · Since 29/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Dominic Moorhouse

25–50% shares
25–50% votes

British · England · Age 57

11 Laura Place, Bath, BA2 4BL

Notified 06/03/2018

CompanyRankvs 11089+ SIC 62012 peers
72

Financial strength76th percentile among SIC peers · 19/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.81× · 16/20
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 strength19/25 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.

Liquidity16/20 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

£28k

Balance sheet strength

Cash

£287k

Cash in the bank

Net Current Assets

£253k

Working capital

Current Assets

£566k

Current Liabilities

£313k

Fixed Assets

£16k

Debtors

£280k

13avg. employees

Balance Sheet

Assets less current liabilities£269k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.81+£80k
20231.64-£382k
20224.24-£16k
20219.18-£328k
202112.22
20200.53
20190.13

Derived from filed accounts. Not audited figures.