The System Dont Work Ltd
12701150
Healthy
- Negative net worth (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2026
micro entity
Next accounts due
31/12/2027
Confirmation statement
Last: 28/06/2025
Due 12/07/2026
Industry
Officers
Persons with Significant Control
Mr Jonathan Hewitt
British · England · Age 53
Unit 3, Forman Street, Derby, DE1 1JQ
Notified 29/06/2020
Change History
Active
Private Limited Company
UNIT 3
DERBY
CompanyRankvs 671+ SIC 47630 peers31
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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 31/03/2025
Net Worth
-£5k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£634
Current Liabilities
£5k
Fixed Assets
£323
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.13 |
| 2024 | 0.31 |
| 2023 | 0.25 |
| 2022 | 0.40 |
| 2021 | 0.54 |
Derived from filed accounts. Not audited figures.