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Cipherforge Systems Ltd

15326309

active
Private Limited Company
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

7 BELL YARD, LONDON, WC2A 2JR
Incorporated 04/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Richard Holmwood

director · Since 22/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 7 other boards

Mr Roderick Jones

director · Since 26/02/2024

DIRECTOR

BRITISH · UNITED STATES · Age 53

Mr James Kirby

director · Since 29/04/2024

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Glen Partners Ventures Ltd

75–100% shares
75–100% votes

7, Bell Yard, London, WC2A 2JR

Reg: 15959975 · Uk Companies House · Limited Company

Notified 17/09/2024

Former PSCs

Mr Grzegorz Szewczyk

Ceased 22/02/2024

Mr Richard Holmwood

Ceased 26/02/2024

Illuminate Acquisition Corporation

Ceased 16/01/2025

Mr Roderick Jones

Ceased 29/02/2024

CompanyRankvs 763+ SIC 46520 peers
74

Financial strength82th percentile among SIC peers · 21/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.11× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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763Cipherforge Systems Ltd
73
How is this score calculated?
Financial strength21/25 pts

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

Employees15/15 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

£149k

Balance sheet strength

Cash

£106k

Cash in the bank

Net Current Assets

£515k

Working capital

Current Assets

£977k

Current Liabilities

£463k

Fixed Assets

£34k

Debtors

£871k

32avg. employees

Balance Sheet

Assets less current liabilities£549k

EstimatesDerived

YearCurrent Ratio
20242.11

Derived from filed accounts. Not audited figures.