Cerence Limited
12000685
Healthy
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/04/2022
BUSINESS EXECUTIVE
AMERICAN · UNITED STATES · Age 53
Also on 1 other board
Persons with Significant Control
Cerence Inc.
Corporation Trust Center, 1209 Orange Street, Wilmington
Reg: 7282260 · Division Of Corporations · Corporation
Notified 01/10/2019
Former PSCs
Nuance Communications, Inc.
Ceased 01/10/2019
CompanyRankvs 3118+ SIC 62012 peers80
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2023
Turnover
£1.6M
Annual revenue
Net Worth
£1.1M
Balance sheet strength
Cash
£260
Cash in the bank
Profit Before Tax
£104k
Bottom line earnings
Net Current Assets
£1.1M
Working capital
Current Assets
£1.3M
Current Liabilities
£159k
Fixed Assets
£0
Debtors
£1.3M
Cost of Sales
£0
Gross Profit
£1.6M
Admin Expenses
£1.5M
Operating Profit
£104k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 8.21 |
Derived from filed accounts. Not audited figures.