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Fivebyte Ltd

12971689

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

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 23/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Harjot Singh

director · Since 23/10/2020

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 29

Also on 1 other board

Persons with Significant Control

Mr Harjot Singh

75–100% shares

British · England · Age 29

9, Claves Crescent, Welwyn Garden City, AL7 1WN

Notified 23/10/2020

CompanyRankvs 47822+ SIC 62012 peers
31

Financial strength19th percentile among SIC peers · 5/25
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 strength5/25 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

Turnover

£0

Annual revenue

Net Worth

-£407

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£407

Working capital

Current Assets

£93

Current Liabilities

£500

Fixed Assets

£0

Profit After Tax

-£500

0avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities-£407
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.19
20231.23
20221.11
20211.09

Derived from filed accounts. Not audited figures.