Haystack App Limited
12150812
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/12/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 4 other boards
Persons with Significant Control
Mr Daniel Richard Smyth
British · United Kingdom · Age 45
11, Lansdowne Terrace, Newcastle Upon Tyne, NE3 1HN
Notified 21/12/2023
Former PSCs
Mr Michael Davies
Ceased 08/04/2020
Mr Christopher William Bone
Ceased 30/06/2022
Mr Daniel Richard Smyth
Ceased 30/06/2022
CompanyRankvs 4581+ SIC 58290 peers39
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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 31/08/2025
Net Worth
-£105k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£39k
Current Liabilities
£188k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.21 | -£20k |
| 2024 | 0.52 | +£573k |
| 2023 | 0.05 | -£806k |
| 2022 | 1.84 | +£469k |
| 2021 | 15.63 | -£580k |
| 2020 | 40.55 | — |
Derived from filed accounts. Not audited figures.