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Commercetools Ltd

11760782

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

43 EAGLE STREET FIRST FLOOR, LONDON, WC1R 4AT
Incorporated 10/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
63110
Data processing, hosting and related activities
71122
Engineering related scientific and technical consulting activities

Officers

Mr Denis Werner

director · Since 10/01/2019

BUSINESS EXECUTIVE

GERMAN · GERMANY · Age 48

Dirk Matthias Joerg Hoerig

director · Since 08/01/2020

DIRECTOR

GERMAN · GERMANY · Age 47

Persons with Significant Control

Former PSCs

Mr Jeffrey Horing

Ceased 03/03/2026

Commercetools Gmbh

Ceased 07/05/2026

CompanyRankvs 8205+ SIC 62012 peers
62

Financial strength90th percentile among SIC peers · 23/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8205Commercetools Ltd
72
How is this score calculated?
Financial strength23/25 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.

Longevity7/15 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

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 twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£15.4M

Annual revenue

Net Worth

£182k

Balance sheet strength

Cash

£9k

Cash in the bank

Profit Before Tax

£623k

Bottom line earnings

Net Current Assets

£77k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.2M

Fixed Assets

£140k

Debtors

£1.3M

Admin Expenses

£14.8M

Operating Profit

£621k

Profit After Tax

£446k

80avg. employees+10

Tax at Year End

Corp tax£89k

People Costs

Wages & salaries£9.6M
NI contributions£1.2M

Balance Sheet

Assets less current liabilities£217k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.06
20230.50
20220.59
20210.68
20200.61
20190.81

Derived from filed accounts. Not audited figures.