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Future World Technology Limited

13462049

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

25 ROSEBERRY ROAD, BILLINGHAM, TS23 2SD
Incorporated 17/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Kevin Patrick Barry

director · Since 17/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 14 other boards

Persons with Significant Control

Mr Kevin Patrick Barry

75–100% shares
75–100% votes
Appoint directors

British · England · Age 70

25, Roseberry Road, Billingham, TS23 2SD

Notified 17/06/2021

CompanyRankvs 29271+ SIC 62012 peers
47

Financial strength87th percentile among SIC peers · 22/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 2/20
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 strength22/25 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.

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 31/03/2025

Net Worth

£102k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£183k

Working capital

Current Assets

£4k

Current Liabilities

£187k

Fixed Assets

£81k

0avg. employees

Balance Sheet

Assets less current liabilities£102k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£1k
20240.02+£201k
20235.24-£160k
20220.01

Derived from filed accounts. Not audited figures.