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Second Front Systems Limited

14800399

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

BUILDING 4 FOUNDATION PARK, MAIDENHEAD, SL6 3UD
Incorporated 14/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
74909
Other professional, scientific and technical activities

Officers

Mr Enrique Oti

director · Since 14/04/2023

CHIEF STRATEGY OFFICER

AMERICAN · UNITED STATES · Age 50

Mr Tyler Sweatt

director · Since 14/04/2023

CHIEF EXECUTIVE OFFICER

AMERICAN · UNITED STATES · Age 43

CompanyRankvs 50036+ SIC 62012 peers
19

Financial strength23th percentile among SIC peers · 6/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees3/15 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.

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.

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

of these financial statements. Having considered cash flow forecasts and the parent’s committed facilities, the directors conclude that it is appropriate to prepare the financial statements on a going concern basis. The directors have not identified any material uncertainty related to going concern. true 1.4 Cash and cash equivalents Cash and cash equivalents are basic financial assets and in

Key FinancialsYear ending 31/01/2025

Net Worth

£1

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£471k

Working capital

Current Assets

£79k

Current Liabilities

£550k

Debtors

£40k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.14

Derived from filed accounts. Not audited figures.