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Pinecone Software Limited

12004735

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

338A REGENTS PARK ROAD, LONDON, N3 2LN
Incorporated 20/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Ali Tursucular

director · Since 20/05/2019

DIRECTOR

TURKISH · ENGLAND · Age 37

Former

Mrs Azize Ipek Tursucular

secretary · Resigned 24/06/2026

Persons with Significant Control

Mr Ali Tursucular

75–100% shares
75–100% votes
Appoint directors

Turkish · England · Age 37

124, City Road, London, EC1V 2NX

Notified 20/05/2019

CompanyRankvs 13413+ SIC 62012 peers
69

Financial strength80th percentile among SIC peers · 20/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.99× · 16/20
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 strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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 28/02/2025

Net Worth

£42k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£81k

Current Liabilities

£41k

Fixed Assets

£2k

Debtors

£46k

2avg. employees+1
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.99+£13k
20241.90-£4k
20231.98-£1k
20222.97+£16k
20211.85

Derived from filed accounts. Not audited figures.