Back to search

Decipher Innovation Limited

11709897

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 WOODBRIDGE ROAD, IPSWICH, IP4 2EA
Incorporated 04/12/2018

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 10/01/2026

Due 24/01/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Shaun Robert Bailey

director · Since 04/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Jacob Bailey Group Limited

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

1, Woodbridge Road, Ipswich, IP4 2EA

Reg: 09920521 · Companies House · Private Company Limited By Shares

Notified 04/12/2018

Former PSCs

Mitra Innovation Limited

Ceased 17/08/2021

Mitra Ventures Limited

Ceased 14/11/2024

CompanyRankvs 35839+ SIC 62012 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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 31/12/2025

Net Worth

-£425k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

-£425k

Working capital

Current Assets

£182k

Current Liabilities

£606k

Debtors

£113k

8avg. employees+3

Balance Sheet

Assets less current liabilities-£425k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30+£16k
20240.33+£5k
20230.27

Derived from filed accounts. Not audited figures.