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Purposeai Ltd

14066918

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

10 Cherry Gardens Abstacle Hill, Tring, HP23 4EA
Incorporated 25/04/2022

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 12/02/2026

Due 26/02/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Kari Skaar Thomassen

director · Since 25/04/2022

Norwegian · United Arab Emirates · Age 51

Michael Stuart Turnbull

director · Since 20/12/2023

British · England · Age 32

Fekadu Michot

director · Since 09/02/2024

Norwegian · United Arab Emirates · Age 57

Persons with Significant Control

Lfm Ventures Limited

25–50% shares
25–50% votes
Appoint directors

10, Cherry Gardens, Tring, HP23 4EA

Notified 06/02/2024

Mmat Limited

25–50% shares
25–50% votes
Appoint directors

10 Cherry Gardens, Abstacle Hill, Tring, HP23 4EA

Notified 06/02/2024

Former PSCs

Mrs Kari Skaar Thomassen

Ceased 06/02/2024

Mr Michael Stuart Turnbull

Ceased 06/02/2024

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line110 Cherry Gardens Abstacle Hill
2026-06-09

10 CHERRY GARDENS

post townTring
2026-06-09

TRING

CompanyRankvs 43626+ SIC 62020 peers
58

Financial strength88th percentile among SIC peers · 22/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity4 years trading (max 15) · 4/15
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.

Employees5/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 30/04/2026

Net Worth

£110k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£104k

Working capital

Current Assets

£313k

Current Liabilities

£209k

Fixed Assets

£7k

1avg. employees

Balance Sheet

Assets less current liabilities£110k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20261.50-£16k
20251.51+£47k
20242.10
20230.06

Derived from filed accounts. Not audited figures.