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Maze Theory Development Ltd

11504068

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

9TH FLOOR NEO BUILDING, MANCHESTER, M1 4ET
Incorporated 07/08/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/12/2025

Due 17/12/2026

On track

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Russell David Harding

director · Since 18/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Persons with Significant Control

Maze Theory Games Limited

75–100% shares
75–100% votes
Appoint directors

9th Floor Neo Building, 9 Charlotte Street, Manchester, M1 4ET

Reg: 15294911 · Register Of Companies · Limited

Notified 22/01/2024

Former PSCs

Maze Theory Limited

Ceased 22/01/2024

Charges0 outstanding

Charge
satisfied

FACTORTECH LIMITED

Created 25/03/2020Registered 25/03/2020Satisfied 27/08/2024
Charge
satisfied

HEAD GEAR FILMS FN LTD

Created 29/07/2019Registered 12/08/2019Satisfied 28/01/2020

CompanyRankvs 1007+ SIC 62011 peers
60

Financial strength95th percentile among SIC peers · 24/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.71× · 20/20
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 strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 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.

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

cast significant doubt on the company's ability to continue as a going concern. Based on projected cash flow forecasts covering a 12 month future period, the director and the company's management have concluded that the financial statements should be prepared on a going concern

Key FinancialsYear ending 31/03/2025

Net Worth

£372k

Balance sheet strength

Cash

£66

Cash in the bank

Net Current Assets

£372k

Working capital

Current Assets

£509k

Current Liabilities

£137k

Debtors

£509k

0avg. employees

Balance Sheet

Assets less current liabilities£372k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20253.71-£179k
2024123.25+£380k
20238.64+£150k
20231.04-£16k
20221.06+£15k
2022-£325k
202143.51+£147k
202083.24

Derived from filed accounts. Not audited figures.