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Runware Ltd

14908339

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Dns House 382 Kenton Road, Harrow, Greater London, HA3 8DP
Incorporated 01/06/2023

Previously known as

Picfinder Ltd · until 12/04/2024

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/04/2026

Due 25/04/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Flaviu Radulescu

director · Since 01/06/2023

DIRECTOR

ROMANIAN · UNITED KINGDOM · Age 46

Also on 2 other boards

Flaviu Radulescu

director · Since 01/06/2023

Romanian · United Kingdom · Age 46

Former

Ioana Hreninciuc

director · Resigned 20/03/2024

Persons with Significant Control

Mr Flaviu Radulescu

Significant control

Romanian · United Kingdom · Age 46

Dns House, 382 Kenton Road, Greater London, HA3 8DP

Notified 01/06/2023

Runware Inc

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

8 The Green, Ste R, Dover, Delaware, 19901

Reg: 7481690 · Usa · Limited Company

Notified 01/06/2023

Former PSCs

Ms Ioana Hreninciuc

Ceased 20/03/2024

Charges1 outstanding

A registered charge
outstanding

FIRST-CITIZENS BANK & TRUST COMPANY (AS BANK)

Created 09/09/2026Registered 11/09/2026

Change History

status → active
2026-07-20

Active

type → ltd
2026-07-20

Private Limited Company

address line1 → Dns House 382 Kenton Road
2026-07-20

DNS HOUSE 382 KENTON ROAD

post town → Greater London
2026-07-20

GREATER LONDON

CompanyRankvs 43572+ SIC 62012 peers
28

Financial strength0th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

-£7.6M

Balance sheet strength

Cash

£148k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£3.7M

Current Liabilities

£4.9M

Fixed Assets

£741k

Debtors

£3.6M

6avg. employees+1

Balance Sheet

Intangible assets£16k
Assets less current liabilities-£420k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.76-£4.4M
20258.63+£0
20258.63-£2.3M

Derived from filed accounts. Not audited figures.