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Bullet Train Limited

12353266

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)
  • Current liabilities exceed current assets (-10)

Details

66 PAUL STREET, LONDON, EC2A 4NA
Incorporated 09/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Benjamin Simon Rometsch

secretary · Since 09/12/2019

Also on 3 other boards

Mr Matthew William Evans Bsc Hons

director · Since 09/12/2019

DIRECTOR

ENGLISH · ENGLAND · Age 51

Also on 4 other boards

Mr Benjamin Simon Rometsch

director · Since 09/12/2019

DIRECTOR

ENGLISH · ENGLAND · Age 51

Also on 3 other boards

Mathew Drake Althauser

director · Since 25/09/2020

PRIVATE EQUITY

AMERICAN · GERMANY · Age 42

Alexander Edward Reynolds-Boswell

director · Since 25/09/2020

PRIVATE EQUITY

AMERICAN · UNITED STATES · Age 40

Persons with Significant Control

Polychrome Strategic Fund I, Lp

25–50% shares
25–50% votes

2912, Steiner St Apt 4, San Francisco

Reg: 3565387 · Delaware Department Of State: Division Of Corporations · Limited Partnership

Notified 09/07/2021

Former PSCs

Mr Kyle Christopher Johnson

Ceased 09/12/2019

Mr Benjamin Simon Rometsch

Ceased 31/03/2020

Mr Matthew James Elwell

Ceased 09/12/2019

Mr Matthew William Evans

Ceased 31/03/2020

Solid State Technology Limited

Ceased 11/06/2021

Mr Matthew William Evans

Ceased 28/06/2022

CompanyRankvs 37348+ SIC 62012 peers
43

Financial strength4th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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37348Bullet Train Limited
38
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.

Employees14/15 pts

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

Liquidity6/20 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

-£138k

Balance sheet strength

Cash

£469k

Cash in the bank

Net Current Assets

-£144k

Working capital

Current Assets

£600k

Current Liabilities

£744k

Fixed Assets

£8k

Debtors

£131k

7avg. employees+6

Balance Sheet

Assets less current liabilities-£136k
Signed by Mr Alexander Reynolds-Boswell 03/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.81-£48k
20230.84-£46k
20220.75+£8k
20210.76-£90k
20202.13—

Derived from filed accounts. Not audited figures.