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Labrys Technologies Ltd

12728244

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)
  • Negative net worth (-10)

Details

3RD FLOOR, LONDON, EC2A 4NE
Incorporated 08/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr August Emanuel Nils Lersten

director · Since 08/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 4 other boards

Mr Luke William Wattam

director · Since 08/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Persons with Significant Control

Labrys Group Holdings Limited

75–100% shares
75–100% votes

3rd Floor, 86-90 Paul Street, London, EC2A 4NE

Reg: 13995716 · England And Wales Company Register · Limited Company

Notified 19/08/2022

Former PSCs

Mr Luke William Wattam

Ceased 12/07/2022

Mr August Emanuel Nils Lersten

Ceased 12/07/2022

Labrys Advisory Ltd

Ceased 19/08/2022

CompanyRankvs 38713+ SIC 62012 peers
38

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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 30/09/2024

Net Worth

-£6.2M

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£6.2M

Working capital

Current Assets

£963k

Current Liabilities

£7.1M

Fixed Assets

£21k

Debtors

£938k

20avg. employees+13

Balance Sheet

Assets less current liabilities-£6.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14-£3.8M
20231.17-£2.3M
20210.38

Derived from filed accounts. Not audited figures.