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The Algorithm People Limited

11625074

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

The Core Bath Lane, Newcastle Helix, Newcastle Upon Tyne, NE4 5TF
Incorporated 16/10/2018

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 15/10/2025

Due 29/10/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Colin Ferguson

director · Since 16/10/2018

British · Scotland · Age 54

Sarah Ferguson

director · Since 16/10/2018

British · Scotland · Age 48

Alan Robertson

director · Since 07/05/2020

British · Scotland · Age 44

Mike Townend

director · Since 26/08/2021

British · England · Age 63

Mark Whelan

director · Since 11/02/2026

British · Scotland · Age 51

Former

Malcolm Holloway

director · Resigned 07/09/2020

Robert Howard Goldwater

director · Resigned 17/03/2022

Stephen Paul Kelly

director · Resigned 30/09/2023

Natalie Marie Hughes

director · Resigned 10/11/2025

Persons with Significant Control

Enterprise Ventures (General Partner Ne Venture) Limited

25–50% shares
25–50% votes

Preston Technology Management Centre, Marsh Lane, Preston, PR1 8UQ

Reg: 10514693 · Companies House · Private Limited Company

Notified 08/08/2019

Enterprise Ventures Limited

Significant control

Preston Technology Management Centre, Marsh Lane, Preston, PR1 8UQ

Reg: 03249066 · Companies House · Private Limited Company

Notified 08/08/2019

Former PSCs

Colin Ferguson

Ceased 08/08/2019

Sarah Ferguson

Ceased 08/08/2019

Charges2 outstanding

Charge
outstanding

MAVEN CAPITAL PARTNERS UK LLP (AS ORIGINAL SECURITY TRUSTEE)

Created 23/12/2024Registered 24/12/2024
Charge
outstanding

MAVEN CAPITAL PARTNERS UK LLP (ACTING AS THE SECURITY TRUSTEE)

Created 18/12/2023Registered 20/12/2023

Change History

statusactive
2026-05-06

Active

typeltd
2026-05-06

Private Limited Company

address line1The Core Bath Lane
2026-05-06

THE CORE BATH LANE

post townNewcastle Upon Tyne
2026-05-06

NEWCASTLE UPON TYNE

officer appointedFERGUSON, Colin
2026-05-06
officer appointedFERGUSON, Sarah
2026-05-06
officer appointedROBERTSON, Alan
2026-05-06
officer appointedTOWNEND, Mike
2026-05-06
officer appointedWHELAN, Mark
2026-05-06

CompanyRankvs 60525+ SIC 62020 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2025

Net Worth

-£511k

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£447k

Working capital

Current Assets

£2.3M

Current Liabilities

£1.8M

Fixed Assets

£315k

Debtors

£823k

21avg. employees

Balance Sheet

Intangible assets£310k
Assets less current liabilities£762k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.25+£0
20251.25+£74k
20241.33-£1.9M
20219.67

Derived from filed accounts. Not audited figures.

Filing History66 filings

Accounts filed

accounts with accounts type total exemption full

13/04/202612 pages · PDF
Director appointed

appoint person director company with name date

11/02/20262 pages · PDF
Director resigned

termination director company with name termination date

12/11/20251 page · PDF
Confirmation statement

confirmation statement with updates

29/10/20257 pages · PDF
RESOLUTIONS

resolution

05/08/20252 pages · PDF
RP04SH01

legacy

04/08/20254 pages · PDF
RESOLUTIONS

resolution

31/07/20252 pages · PDF
RP04SH01

legacy

30/07/20254 pages · PDF
Accounts filed

accounts with accounts type total exemption full

30/06/202512 pages · PDF
MA

memorandum articles

08/05/202550 pages · PDF
RESOLUTIONS

resolution

08/05/20252 pages · PDF
Shares allotted

capital allotment shares

01/05/20254 pages · PDF
MA

memorandum articles

08/01/202550 pages · PDF
RESOLUTIONS

resolution

08/01/20252 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

24/12/202434 pages · PDF
Confirmation statement

confirmation statement with no updates

15/10/20243 pages · PDF
Accounts filed

accounts with accounts type total exemption full

21/06/20248 pages · PDF
RESOLUTIONS

resolution

04/01/202416 pages · PDF
MA

memorandum articles

04/01/202449 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

20/12/202333 pages · PDF
Confirmation statement

confirmation statement with updates

15/10/20237 pages · PDF
Director resigned

termination director company with name termination date

13/10/20231 page · PDF
Accounts filed

accounts with accounts type total exemption full

06/07/20239 pages · PDF
Shares allotted

capital allotment shares

30/01/20233 pages · PDF
Shares allotted

capital allotment shares

30/01/20233 pages · PDF
RESOLUTIONS

resolution

17/11/20221 page · PDF
Shares allotted

capital allotment shares

15/11/20223 pages · PDF
RESOLUTIONS

resolution

03/11/20221 page · PDF
Shares allotted

capital allotment shares

02/11/20223 pages · PDF
Confirmation statement

confirmation statement with updates

20/10/20226 pages · PDF
RESOLUTIONS

resolution

30/09/20221 page · PDF
Shares allotted

capital allotment shares

27/09/20223 pages · PDF
Accounts filed

accounts with accounts type micro entity

20/06/20223 pages · PDF
Director resigned

termination director company with name termination date

24/03/20221 page · PDF
Director appointed

appoint person director company with name date

24/03/20222 pages · PDF
Confirmation statement

confirmation statement with updates

29/10/20215 pages · PDF
Director appointed

appoint person director company with name date

26/08/20212 pages · PDF
Director appointed

appoint person director company with name date

26/08/20212 pages · PDF
Address changed

change registered office address company with date old address new address

05/07/20211 page · PDF
MA

memorandum articles

30/06/202146 pages · PDF
RESOLUTIONS

resolution

30/06/20212 pages · PDF
Accounts filed

accounts with accounts type micro entity

23/06/20213 pages · PDF
Shares allotted

capital allotment shares

15/06/20213 pages · PDF
Confirmation statement

confirmation statement with updates

26/11/20205 pages · PDF
Director resigned

termination director company with name termination date

28/09/20201 page · PDF
SH10

capital variation of rights attached to shares

20/05/20204 pages · PDF
MA

memorandum articles

20/05/202046 pages · PDF
RESOLUTIONS

resolution

20/05/20201 page · PDF
SH08

capital name of class of shares

20/05/20202 pages · PDF
Director appointed

appoint person director company with name date

12/05/20202 pages · PDF
Shares allotted

capital allotment shares

12/05/20203 pages · PDF
Accounts filed

accounts with accounts type micro entity

23/01/20202 pages · PDF
Director appointed

appoint person director company with name date

28/11/20192 pages · PDF
Director appointed

appoint person director company with name date

28/11/20192 pages · PDF
Accounts date changed

change account reference date company previous shortened

18/11/20191 page · PDF
Confirmation statement

confirmation statement with updates

29/10/20194 pages · PDF
Shares allotted

capital allotment shares

03/09/20194 pages · PDF
Shares allotted

capital allotment shares

29/08/20194 pages · PDF
SH02

capital alter shares subdivision

29/08/20196 pages · PDF
PSC07

cessation of a person with significant control

29/08/20193 pages · PDF
PSC02

notification of a person with significant control

29/08/20194 pages · PDF
PSC07

cessation of a person with significant control

29/08/20193 pages · PDF
PSC02

notification of a person with significant control

29/08/20194 pages · PDF
RESOLUTIONS

resolution

21/08/201958 pages · PDF
Address changed

change registered office address company with date old address new address

15/05/20191 page · PDF
Incorporated

incorporation company

16/10/201828 pages · PDF