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Photon Software Limited

12188457

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O STERLINGS LTD LAWFORD HOUSE, LONDON, N3 1QA
Incorporated 04/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Adam John Pybus Hill

director · Since 04/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Persons with Significant Control

Mr Adam John Pybus Hill

75–100% shares
75–100% votes

British · United Kingdom · Age 71

C/O Sterlings Ltd, Lawford House, London, N3 1QA

Notified 04/09/2019

CompanyRankvs 46535+ SIC 62012 peers
32

Financial strength6th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.42× · 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 strength2/25 pts

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

Employees6/15 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 30/09/2024

Net Worth

-£45k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£33k

Current Liabilities

£78k

Debtors

£783

1avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42-£21k
20230.05-£8k
2022-£2k
2021-£4k
20200.00

Derived from filed accounts. Not audited figures.