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Distance Fields Ltd

13410413

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

UNIT 8A, HOVE, BN3 3ED
Incorporated 20/05/2021

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 19/05/2025

Due 02/06/2026

On track

Industry

62011
Ready-made interactive leisure and entertainment software development
90030
Artistic creation

Officers

Mr David Anthony Wilson

director · Since 20/05/2021

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr David Anthony Wilson

75–100% shares
75–100% votes

British · United Kingdom · Age 49

Unit 8a, Cambridge Grove, Hove, BN3 3ED

Notified 20/05/2021

CompanyRankvs 533+ SIC 62011 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.83× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 30/09/2024

Net Worth

£308k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£302k

Working capital

Current Assets

£354k

Current Liabilities

£52k

Fixed Assets

£8k

Debtors

£22k

Profit After Tax

-£124k

2avg. employees+1

Tax at Year End

Dividends paid£50k

Balance Sheet

Assets less current liabilities£310k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20246.83
202310.11
20222.02
20213.07

Derived from filed accounts. Not audited figures.