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Changeengine Software Limited

13687934

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

5 NEW STREET SQUARE, LONDON, EC4A 3TW
Incorporated 19/10/2021

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 18/10/2025

Due 01/11/2026

On track

Industry

58290
Other software publishing

Officers

Taylor Wessing Secretaries Limited

secretary · Since 19/10/2021

BRITISH

Also on 1085 other boards

Rakesh Tank

director · Since 19/10/2021

CO-FOUNDER & CTO

BRITISH · UNITED KINGDOM · Age 40

CompanyRankvs 1140+ SIC 58290 peers
79

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.09× · 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.

Employees15/15 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 31/01/2025

Net Worth

£315k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£294k

Working capital

Current Assets

£389k

Current Liabilities

£95k

Fixed Assets

£27k

Debtors

£373k

12avg. employees+4

Tax at Year End

Corp tax£34k

People Costs(2024)

Wages & salaries£623k
NI contributions£72k

Balance Sheet

Assets less current liabilities£322k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20254.09+£98k
20249.18+£137k
20234.75

Derived from filed accounts. Not audited figures.