Softart Development Ltd
12701086
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Yevhenii Lytvyn
Ukrainian · Ukraine · Age 33
Suite 4004, 43 Bedford Street, London, WC2E 9HA
Notified 29/06/2020
CompanyRankvs 53568+ SIC 62090 peers33
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2025
Turnover
£35k
Annual revenue
Net Worth
-£3k
Balance sheet strength
Cash
£26k
Cash in the bank
Profit Before Tax
-£10k
Bottom line earnings
Net Current Assets
-£3k
Working capital
Current Assets
£26k
Current Liabilities
£29k
Cost of Sales
£42k
Gross Profit
-£7k
Admin Expenses
£3k
Operating Profit
-£10k
Profit After Tax
-£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.89 | -£10k |
| 2024 | 24.58 | +£4k |
| 2023 | 1.78 | — |
Derived from filed accounts. Not audited figures.