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Rfid Discovery Solutions Ltd

14088799

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)

Details

BEMROSE BOOTH PARAGON, HULL, HU7 0XY
Incorporated 05/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Sarah Durkan

secretary · Since 01/07/2024

Also on 8 other boards

Mr Pauric Crean

director · Since 01/07/2024

INVESTMENT MANAGER

IRISH · IRELAND · Age 33

Also on 57 other boards

Liam Devane

director · Since 01/07/2024

GROUP CHIEF FINANCIAL OFFICER

IRISH · IRELAND · Age 39

Sarah Durkan

director · Since 01/07/2024

ACCOUNTANT

IRISH · IRELAND · Age 35

Also on 8 other boards

Mr Arne Christian Rosenkranz

director · Since 01/07/2024

CHIEF FINANCIAL OFFICER

GERMAN · ENGLAND · Age 43

Also on 6 other boards

Persons with Significant Control

Giml Investments 3 Limited

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

Lower Ground Floor,, Park House, London, EC2M 7EB

Reg: 14888407 · Companies House · Limited By Shares

Notified 20/11/2023

Former PSCs

Paragon Id Sa

Ceased 20/11/2023

CompanyRankvs 369290+ SIC 62012 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.44× · 2/20
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 strength0/25 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.

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.

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 30/06/2024

Net Worth

-£1.7M

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£2.3M

Working capital

Current Assets

£1.8M

Current Liabilities

£4.0M

Fixed Assets

£519k

Debtors

£1.7M

17avg. employees

Balance Sheet

Intangible assets£498k
Assets less current liabilities-£1.7M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44-£982k
20230.47

Derived from filed accounts. Not audited figures.