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Somersault Ltd

13071360

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

80 HIGH STREET, CAMBRIDGE, CB22 3HJ
Incorporated 08/12/2020

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 27/06/2025

Due 11/07/2026

On track

Industry

59112
Video production activities
73110
Advertising agencies

Officers

Mr Colin Harvey Miles

director · Since 08/12/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Mrs Jessica Elizabeth Miles

director · Since 08/12/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Colin Harvey Miles

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

80, High Street, Cambridge, CB22 3HJ

Notified 08/12/2020

Mrs Jessica Elizabeth Miles

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

80, High Street, Cambridge, CB22 3HJ

Notified 08/12/2020

CompanyRankvs 5173+ SIC 59112 peers
64

Financial strength88th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength22/25 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.

Liquidity6/20 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

£50k

Balance sheet strength

Cash

£102k

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£559k

Current Liabilities

£599k

Fixed Assets

£120k

Debtors

£457k

14avg. employees+14

Balance Sheet

Assets less current liabilities£80k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93+£54k
20230.84
20221.00
20210.08

Derived from filed accounts. Not audited figures.