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Visasset Ltd

11928362

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

C/O MISHCON DE REYA, AFRICA HOUSE, LONDON, WC2B 6AH
Incorporated 05/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Dan Burton

director · Since 01/03/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 44

Nicholas Lee Osgood

director · Since 01/03/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 42

Persons with Significant Control

Former PSCs

Dan Burton

Ceased 28/10/2022

Charges0 outstanding

Charge
satisfied

GLIF SD LP, ACTING BY ITS GENERAL PARTNER GLIF SD GP LTD

Created 08/10/2020Registered 09/10/2020Satisfied 09/03/2022

CompanyRankvs 36989+ SIC 62012 peers
38

Financial strength0th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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 31/12/2024

Net Worth

-£3.5M

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

-£3.5M

Working capital

Current Assets

£47k

Current Liabilities

£3.5M

Fixed Assets

£7k

Debtors

£10k

7avg. employees+2

Balance Sheet

Intangible assets£168
Assets less current liabilities-£3.5M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£896k
20230.02-£1.1M
20220.14-£1.1M
20210.42

Derived from filed accounts. Not audited figures.