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Serac Technologies Ltd

12258456

active
ltd
england wales
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

Aston House, Cornwall Avenue, London, N3 1LF
Incorporated 12/10/2019

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 05/08/2025

Due 19/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Brandon Louis Johnson

director · Since 12/10/2019

ENTREPRENEUR

BRITISH · ENGLAND · Age 26

Also on 3 other boards

Mr Barnaby William Oswald

director · Since 05/05/2026

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Brandon Louis Johnson

director · Since 12/10/2019

British · England · Age 26

Barnaby William Oswald

director · Since 05/05/2026

British · United Kingdom · Age 52

Persons with Significant Control

Serac Group Ltd

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

Aston House, Cornwall Avenue, London, N3 1LF

Reg: 12252829 · Companies House · Limited Company

Notified 02/02/2022

Former PSCs

Mr Brandon Johnson

Ceased 02/02/2022

Change History

officer appointedJOHNSON, Brandon Louis
2026-06-17
officer appointedOSWALD, Barnaby William
2026-06-17
statusactive
2026-06-17

Active

typeltd
2026-06-17

Private Limited Company

address line1Aston House
2026-06-17

ASTON HOUSE

post townLondon
2026-06-17

LONDON

CompanyRankvs 36044+ SIC 62012 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.24× · 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 strength1/25 pts

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

Employees15/15 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 31/10/2024

Net Worth

-£483k

Balance sheet strength

Cash

£127k

Cash in the bank

Net Current Assets

-£460k

Working capital

Current Assets

£147k

Current Liabilities

£607k

Fixed Assets

£2k

Debtors

£20k

32avg. employees+13

Balance Sheet

Bank loans & overdrafts£9k
Assets less current liabilities-£458k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24-£407k
20230.79-£151k
20222.15+£77k
20211.78
20203.52

Derived from filed accounts. Not audited figures.