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Figma Uk Ltd.

12523488

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

9 DEVONSHIRE SQUARE, LONDON, EC2M 4YF
Incorporated 18/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Praveer Kumar Melwani

director · Since 18/03/2020

CHIEF FINANCIAL OFFICER

CANADIAN · UNITED STATES · Age 36

Mr Brendan Ford Mulligan

director · Since 19/03/2025

GENERAL COUNSEL

AMERICAN · UNITED STATES · Age 43

Persons with Significant Control

Dylan Field

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

American · United States · Age 34

9, Devonshire Square, London, EC2M 4YF

Notified 07/03/2022

CompanyRankvs 13494+ SIC 62012 peers
65

Financial strength37th percentile among SIC peers · 9/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.36× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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13494Figma Uk Ltd.
65
How is this score calculated?
Financial strength9/25 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.

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.

Longevity6/15 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 31/12/2021

Net Worth

£100

Balance sheet strength

Cash

£281k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.2M

Current Liabilities

£923k

Fixed Assets

£30k

Debtors

£1.9M

Profit After Tax

-£998k

36avg. employees

Tax at Year End

Corp tax£12k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20212.36

Derived from filed accounts. Not audited figures.