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Westpoint Software Solutions Limited

11706688

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

10 ORANGE STREET, LONDON, WC2H 7DQ
Incorporated 03/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Leo Lam

director · Since 03/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Leo Lam

25–50% shares
25–50% votes

British · England · Age 45

10, Orange Street, London, WC2H 7DQ

Notified 03/12/2018

Mr Mehdi Shahi Avdi

25–50% shares
25–50% votes

British · United Kingdom · Age 42

10, Orange Street, London, WC2H 7DQ

Notified 03/12/2018

CompanyRankvs 14191+ SIC 62012 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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14191Westpoint Software Solutions Limited
64
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.

Employees6/15 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.

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

£436k

Balance sheet strength

Cash

£211k

Cash in the bank

Net Current Assets

£400k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.0M

Fixed Assets

£44k

Debtors

£1.2M

1avg. employees

Tax at Year End

Corp tax£31k

Balance Sheet

Assets less current liabilities£444k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.39-£73k
20231.61+£212k
20221.37+£87k
20211.87—

Derived from filed accounts. Not audited figures.