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Untap Software Limited

12298669

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

SUITE 05W106, LONDON, SW1W 9SH
Incorporated 05/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Manfredi Bargioni

director · Since 05/11/2019

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 55

Also on 3 other boards

Mr Juan Manrique

director · Since 05/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Persons with Significant Control

Former PSCs

Juan Manrique

Ceased 06/03/2026

Charges0 outstanding

Charge
satisfied

EM3 SME FINANCE II LIMITED

Created 11/08/2022Registered 11/08/2022Satisfied 19/03/2026
Charge
satisfied

EM3 SME FINANCE II LIMITED

Created 17/02/2020Registered 25/02/2020Satisfied 19/03/2026

CompanyRankvs 38488+ SIC 62012 peers
38

Financial strength6th percentile among SIC peers · 2/25
Employees91th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/12/2024

Net Worth

-£57k

Balance sheet strength

Cash

£64k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£432k

Fixed Assets

£789

Debtors

£327k

5avg. employees+2

Director Loans

Directors owe company£6k

Balance Sheet

Intangible assets£14k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£81k
20230.65+£89k
20220.37-£77k
20210.31-£276k
20202.45

Derived from filed accounts. Not audited figures.