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Bitcube Systems Ltd

15060672

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

5 APPROACH ROAD, LONDON, SW20 8BA
Incorporated 09/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Xenophin Lategan

director · Since 09/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 5 other boards

Persons with Significant Control

Mr Xenophin Lategan

25–50% shares
25–50% votes

British · United Kingdom · Age 45

5 Approach Road, Raynes Park, London, SW20 8BA

Notified 09/08/2023

Francois Joubert

25–50% shares
25–50% votes

South African · South Africa · Age 39

5 Approach Road, Raynes Park, London, SW20 8BA

Notified 09/08/2023

CompanyRankvs 12199+ SIC 62012 peers
68

Financial strength94th percentile among SIC peers · 24/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.46× · 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.

Employees6/15 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 31/08/2025

Net Worth

£420k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£420k

Working capital

Current Assets

£591k

Current Liabilities

£171k

1avg. employees

Balance Sheet

Assets less current liabilities£420k
Signed by Mr Xenophin Lategan 27/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.46+£0
20253.46+£301k
20242.92

Derived from filed accounts. Not audited figures.