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Plaintextnerds Ltd

13355498

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FUEL TANK STUDIO B105, LONDON, SE8 3DX
Incorporated 23/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
59112
Video production activities
62020
Information technology consultancy activities

Officers

Mr Timothy James Armstrong

director · Since 23/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mr Timothy James Armstrong

25–50% shares
25–50% votes

British · England · Age 35

71-75, Shelton Street, London, WC2H 9JQ

Notified 23/04/2021

Zi Han Ooi

25–50% shares
25–50% votes

Malaysian · United Kingdom · Age 37

71-75 Shelton Street, Covent Garden, London, WC2H 9JQ

Notified 23/04/2021

CompanyRankvs 5687+ SIC 58290 peers
37

Financial strength11th percentile among SIC peers · 3/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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5687Plaintextnerds Ltd
33
How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 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.

Longevity5/15 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 30/04/2025

Net Worth

-£15k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£23k

Current Liabilities

£35k

Fixed Assets

£646

1avg. employees

Balance Sheet

Assets less current liabilities-£11k
Signed by Mr T J Armstrong 22 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67-£27k
20241.50+£4k
20231.75+£319
20222.87—

Derived from filed accounts. Not audited figures.