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Developers Studio Ltd

12932340

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

INTERNATIONAL HOUSE, LONDON, EC3V 3NG
Incorporated 06/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Muhammad Shahid Hanif

director · Since 13/08/2024

BUSINESS PERSON

PAKISTANI · PAKISTAN · Age 38

Persons with Significant Control

Mr Erik Ahrsjo

25–50% shares
25–50% votes

Swedish · Sweden · Age 59

International House, 36-38 Cornhill, London, EC3V 3NG

Notified 06/10/2020

Mr Muhammad Shahid Hanif

25–50% shares

Pakistani · Pakistan · Age 38

International House, 36-38 Cornhill, London, EC3V 3NG

Notified 13/08/2024

Former PSCs

Mr. Shahid Hanif

Ceased 31/01/2022

Bookkeeping Pro Uk Limited

Ceased 13/08/2024

CompanyRankvs 56123+ SIC 62012 peers
26

Financial strength1th percentile among SIC peers · 0/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.19× · 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.

Employees3/15 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 31/10/2024

Net Worth

-£1.0M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£433k

Working capital

Current Assets

£433k

Current Liabilities

£2.3M

Fixed Assets

£797k

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.19-£255k
20230.24-£805k
20220.76-£63k
20211.16

Derived from filed accounts. Not audited figures.