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Purethreads Technology Limited

15972503

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 23/09/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Duc Do Ngoc

director · Since 23/09/2024

DIRECTOR

GERMAN · GERMANY · Age 33

Mr Sidney Dorn

director · Since 23/09/2024

DIRECTOR

ENGLISH,GERMAN · ENGLAND · Age 27

Mr Patrick Konrad Piel

director · Since 23/09/2024

DIRECTOR

GERMAN · GERMANY · Age 30

Persons with Significant Control

Mr Sidney Dorn

25–50% shares
25–50% votes

English,German · England · Age 27

22, Craven Hill, London, W2 3DS

Notified 23/09/2024

Mr Patrick Konrad Piel

25–50% shares
25–50% votes

German · Germany · Age 30

21, Forster Weg, Aachen, 52066

Notified 23/09/2024

Mr Duc Do Ngoc

25–50% shares
25–50% votes

German · Germany · Age 33

198, Jülicher Strasse, Aachen, 52070

Notified 23/09/2025

CompanyRankvs 43179+ SIC 62012 peers
39

Financial strength53th percentile among SIC peers · 13/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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43179Purethreads Technology Limited
34
How is this score calculated?
Financial strength13/25 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.

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.

Longevity2/15 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 30/09/2025

Net Worth

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.57

Derived from filed accounts. Not audited figures.