Texture Jet Ltd
11930684
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 06/02/2026
Due 20/02/2027
Industry
Officers
director · Since 08/04/2019
ENGINEER
BRITISH · ENGLAND · Age 50
Also on 1 other board
director · Since 08/04/2019
UNIVERSITY PROFESSOR
BRITISH · ENGLAND · Age 44
Also on 2 other boards
director · Since 29/11/2021
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 59
Also on 6 other boards
Former
director · Resigned 15/10/2022
secretary · Resigned 28/02/2023
director · Resigned 04/12/2023
director · Resigned 07/10/2024
Persons with Significant Control
Dr Jonathon Mitchell-Smith
British · England · Age 50
Units A & D, Heage Road Industrial Estate, Ripley, DE5 3GH
Notified 08/04/2019
Professor Adam Thomas Clare
British · England · Age 44
Units A & D, Heage Road Industrial Estate, Ripley, DE5 3GH
Notified 08/04/2019
University Of Nottingham
University Park, University Park, Nottingham, NG7 2RD
Notified 23/07/2019
Meif Esem Equity Lp (Acting By Its General Partner, Foresight Impact Midlands Engine Gp Llp)
C/O Foresight Group Llp, The Shard, London, SE1 9SG
Reg: Lp19198 · England And Wales Companies Registry · Limited Partnership
Notified 03/10/2022
Charges1 outstanding
MEIF II - DEBT ESEM LP ACTING BY ITS GENERAL PARTNER MAVEN MEIF II ESEM DEBT GP LTD
Change History
Active
Private Limited Company
1 KEMMEL ROAD
NOTTINGHAM
NG6 9FH
CompanyRankvs 4140+ SIC 28490 peers17
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Net loss (before tax) of £604,034 for the year (2024 loss £759,535). These conditions indicate the existence of a material uncertainty which may cast doubt on the Company's ability to continue as a going concern. The Company has received funding in the form of a convertible loan of £300,000, which remains outstanding as at the reporting date. The terms of the loan include the option for conversi
Key FinancialsYear ending 31/03/2025
Net Worth
-£205k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
£55k
Working capital
Current Assets
£52k
Current Liabilities
-£4k
Fixed Assets
£148k
Debtors
£31k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 14.66 | -£540k |
| 2024 | 38.29 | -£59k |
| 2023 | 9.45 | +£548k |
| 2022 | 2.27 | -£17k |
| 2021 | 1.04 | — |
| 2020 | 2.97 | — |
Derived from filed accounts. Not audited figures.
Filing History61 filings
capital variation of rights attached to shares
resolution
memorandum articles
capital name of class of shares
change registered office address company with date old address new address
appoint person director company with name date
appoint person director company with name date
resolution
confirmation statement with no updates
notification of a person with significant control
mortgage create with deed with charge number charge creation date
resolution
accounts with accounts type total exemption full
confirmation statement with no updates
termination director company with name termination date
accounts with accounts type total exemption full
appoint person director company with name date
confirmation statement with updates
capital allotment shares
confirmation statement with updates
second filing capital allotment shares
capital allotment shares
termination director company with name termination date
confirmation statement with no updates
appoint person director company with name date
change to a person with significant control
change to a person with significant control
accounts with accounts type total exemption full
termination secretary company with name termination date
confirmation statement with updates
second filing capital allotment shares
resolution
memorandum articles
capital allotment shares
termination director company with name termination date
capital variation of rights attached to shares
capital name of class of shares
accounts with accounts type total exemption full
confirmation statement with no updates
appoint person director company with name date
accounts with accounts type total exemption full
change registered office address company with date old address new address
confirmation statement with no updates
accounts with accounts type total exemption full
change to a person with significant control
confirmation statement with updates
change to a person with significant control
change person director company with change date
change registered office address company with date old address new address
appoint person secretary company with name date
appoint person director company with name date
resolution
change registered office address company with date old address new address
change to a person with significant control
change to a person with significant control
notification of a person with significant control
capital allotment shares
capital alter shares subdivision
capital name of class of shares
change account reference date company current shortened
incorporation company