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Thread Corporation Limited

15054064

active
ltd
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

85 Great Portland Street, First Floor, London, W1W 7LT
Incorporated 07/08/2023

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/08/2025

Due 20/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Michael Duma

director · Since 07/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Mr Stephen Rodger Millard

director · Since 07/08/2023

DIRECTOR

AUSTRALIAN · UNITED ARAB EMIRATES · Age 67

Also on 2 other boards

Michael Duma

director · Since 07/08/2023

British · United Kingdom · Age 49

Stephen Rodger Millard

director · Since 07/08/2023

Australian · United Arab Emirates · Age 67

Former

Kevin Gate

director · Resigned 10/08/2023

Persons with Significant Control

Mr Michael Duma

25–50% shares
25–50% votes

British · United Kingdom · Age 49

167-169, Great Portland Street, London, W1W 5PF

Notified 07/08/2023

Mr Stephen Rodger Millard

25–50% shares
25–50% votes

Australian · United Arab Emirates · Age 67

167-169, Great Portland Street, London, W1W 5PF

Notified 07/08/2023

Change History

statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line185 Great Portland Street, First Floor
2026-07-27

85 GREAT PORTLAND STREET, FIRST FLOOR

post townLondon
2026-07-27

LONDON

officer appointedDUMA, Michael
2026-07-27
officer appointedMILLARD, Stephen Rodger
2026-07-27

CompanyRankvs 13811+ SIC 62012 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 103.23× · 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 strength24/25 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.

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 31/12/2024

Net Worth

£375k

Balance sheet strength

Cash

£421

Cash in the bank

Net Current Assets

£360k

Working capital

Current Assets

£364k

Current Liabilities

£4k

Debtors

£364k

0avg. employees

Balance Sheet

Assets less current liabilities£360k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
2024103.23

Derived from filed accounts. Not audited figures.