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Sedna Systems Europe Limited

11756188

active
ltd
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

10 John Street, London, WC1N 2EB
Incorporated 08/01/2019

Compliance

Last accounts

31/05/2025

full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 07/01/2026

Due 21/01/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr William Francis Dobie

director · Since 08/01/2019

DIRECTOR

CANADIAN · UNITED KINGDOM · Age 53

Also on 5 other boards

Mr Robert Ian Scott

director · Since 20/01/2026

BRITISH · UNITED KINGDOM · Age 49

William Francis Dobie

director · Since 08/01/2019

Canadian · United Kingdom · Age 53

Robert Ian Scott

director · Since 20/01/2026

British · United Kingdom · Age 49

Former

Travis Daniel Monson

director · Resigned 20/01/2026

Persons with Significant Control

Sedna Communications Ltd

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

10, John Street, London, WC1N 2EB

Reg: 13367033 · Companies House · Private Limited Company

Notified 31/12/2021

Former PSCs

William Francis Dobie

Ceased 17/01/2022

Sedna Systems Pte. Ltd.

Ceased 08/01/2019

Charges4 outstanding

Charge
outstanding

CANADIAN IMPERIAL BANK OF COMMERCE (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN

Created 19/12/2024Registered 20/12/2024
Charge
outstanding

HSBC INNOVATION BANKING

Created 13/10/2024Registered 15/10/2024
Charge
outstanding

HSBC INNOVATION BANKING

Created 13/10/2024Registered 15/10/2024
Charge
outstanding

HSBC INNOVATION BANKING

Created 13/10/2024Registered 15/10/2024

Change History

statusactive
2026-06-24

Active

typeltd
2026-06-24

Private Limited Company

address line110 John Street
2026-06-24

10 JOHN STREET

post townLondon
2026-06-24

LONDON

CompanyRankvs 27193+ SIC 62012 peers
33

Financial strength37th percentile among SIC peers · 9/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength9/25 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.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least 12 months and 1 day from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to goi

Key FinancialsYear ending 31/05/2025

Turnover

£9.5M

Annual revenue

Net Worth

£100

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£3.6M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£29.9M

Current Liabilities

£44.7M

Debtors

£1.1M

Admin Expenses

£13.3M

Operating Profit

-£3.5M

Profit After Tax

-£3.7M

64avg. employees-20

People Costs

Wages & salaries£8.1M
NI contributions£945k

Balance Sheet

Total assets£31.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.67
20240.60

Derived from filed accounts. Not audited figures.