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Binary Ai Ltd

14818671

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

131 FINSBURY PAVEMENT, LONDON, EC2A 1NT
Incorporated 21/04/2023

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/04/2026

Due 04/05/2027

On track

Industry

62012
Business and domestic software development

Officers

Dr James Patrick-Evans

director · Since 21/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Iq Capital Directors Nominees Ltd

director · Since 02/10/2023

Also on 31 other boards

Mr David Ordonez Celaya

director · Since 02/03/2026

BRITISH · UNITED KINGDOM · Age 31

Mr Mark John Mc Govern

director · Since 02/03/2026

AMERICAN · UNITED STATES · Age 60

Ohs Secretaries Limited

secretary · Since 24/03/2026

Also on 436 other boards

Persons with Significant Control

Dr James Patrick-Evans

25–50% shares
25–50% votes

British · England · Age 33

131, Finsbury Pavement, London, EC2A 1NT

Notified 21/04/2023

CompanyRankvs 204640+ SIC 62012 peers
53

Financial strength2th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 16.39× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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 30/04/2025

Net Worth

-£556k

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£88k

Fixed Assets

£20k

Debtors

£71k

8avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202516.39-£329k
2024-4.54

Derived from filed accounts. Not audited figures.