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Facctum Solutions Limited

13598462

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

4TH FLOOR, LONDON, EC2V 7AB
Incorporated 02/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Krishna Kumar Gupta

director · Since 02/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Krishna Kumar Gupta

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

British · United Kingdom · Age 57

4th Floor, 95 Gresham Street, London, EC2V 7AB

Notified 02/09/2021

CompanyRankvs 41158+ SIC 62012 peers
26

Financial strength0th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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41158Facctum Solutions Limited
35
How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

funding the business, there is currently no legally binding agreement in place. As a result, a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern, if such funds are requested to be returned. 2.4 Foreign currency translation Functional and presentation currency The Company 's functional and presentational currency is GBP . Transact

Key FinancialsYear ending 30/09/2024

Net Worth

-£4.1M

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

-£7.5M

Working capital

Current Assets

£1.1M

Current Liabilities

£8.6M

Fixed Assets

£3.4M

Debtors

£1.1M

Profit After Tax

-£1.9M

6avg. employees+2

Balance Sheet

Intangible assets£2.4M
Assets less current liabilities-£4.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13-£1.9M
20230.11-£1.8M
20220.15—

Derived from filed accounts. Not audited figures.