Back to search

Recursive Software Ltd

12272811

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

21 GOLD TOPS, NEWPORT, NP20 4PG
Incorporated 21/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Miss Elen Ruth Jones

director · Since 21/10/2019

DIRECTOR

BRITISH · WALES · Age 41

Mr Nicholas James Lewis

director · Since 21/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Nicholas James Lewis

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 38

21, Gold Tops, Newport, NP20 4PG

Notified 21/10/2019

Miss Elen Ruth Jones

25–50% shares
25–50% votes

British · Wales · Age 41

21, Gold Tops, Newport, NP20 4PG

Notified 21/10/2019

CompanyRankvs 7563+ SIC 62012 peers
74

Financial strength82th percentile among SIC peers · 21/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.03× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 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.

Liquidity20/20 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

£59k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£109k

Current Liabilities

£54k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£59k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.03+£33k
20231.27+£24k
20221.03-£4k
20210.88-£2k
20201.16

Derived from filed accounts. Not audited figures.