Back to search

Automate App Limited

11918347

active
Private Limited Company
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

2 COMMUNICATIONS ROAD, NEWBURY, RG19 6AB
Incorporated 01/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport
63990
Other information service activities

Officers

Mr Jeremy Hyman Llb

director · Since 01/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 14 other boards

James Thomas Hitchman

director · Since 02/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 39

Ms Clare Alexandra Lafferty

director · Since 14/10/2019

SALES DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Mr Andrew Richard Watson

director · Since 23/12/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Andrew Richard Watson

25–50% shares
25–50% votes

British · England · Age 61

2 Communications Road, Greenham Business Park, Newbury, RG19 6AB

Notified 04/06/2020

Former PSCs

Mr Jeremy Hyman

Ceased 04/06/2020

CompanyRankvs 3282+ SIC 49390 peers
50

Financial strength1th percentile among SIC peers · 0/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.69× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees12/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£494k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£153k

Current Liabilities

£90k

Fixed Assets

£225k

Debtors

£68k

4avg. employees

Balance Sheet

Intangible assets£225k
Bank loans & overdrafts£3k
Assets less current liabilities£287k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.69+£34k
20243.09+£38k
20231.64-£42k
20221.74-£147k
20210.46-£255k
20200.89

Derived from filed accounts. Not audited figures.