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Answertree Ltd

14567441

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

THE QUADRANT, SHEFFIELD, S9 4WG
Incorporated 03/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Paul David Barrass

director · Since 01/09/2023

CHIEF TECHNOLOGY OFFICER

BRITISH · UNITED KINGDOM · Age 44

Mr Thomas Christopher Harwood

director · Since 01/09/2023

CHIEF PRODUCT OFFICER

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Thomas Christopher Harwood

25–50% shares

British · United Kingdom · Age 45

Kites View, Chinnor Hill, Chinnor, OX39 4BA

Notified 01/09/2023

Mr Paul David Barrass

25–50% shares

British · United Kingdom · Age 44

17, Carlford Grove, Prestwich, M25 9TN

Notified 01/09/2023

Former PSCs

Mr Benjamin John Williams

Ceased 01/09/2023

CompanyRankvs 22769+ SIC 62012 peers
54

Financial strength20th percentile among SIC peers · 5/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.41× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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22769Answertree Ltd
54
How is this score calculated?
Financial strength5/25 pts

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

Employees11/15 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.

Longevity3/15 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

£0

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£47k

Current Liabilities

£20k

Fixed Assets

£705

Debtors

£23k

2avg. employees

Balance Sheet

Assets less current liabilities£28k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20252.41

Derived from filed accounts. Not audited figures.