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Newacore Software Ltd

16295702

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

250 LOWER HIGH STREET, WATFORD, WD17 2DB
Incorporated 05/03/2025

Compliance

Last accounts

31/03/2026

micro entity

Next accounts due

31/12/2027

On track

Confirmation statement

Last: 27/04/2026

Due 11/05/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Shiraz Jessa

director · Since 05/03/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 54 other boards

Mr Stephen Fafowora

secretary · Since 30/04/2026

Persons with Significant Control

Mr Shiraz Jessa

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

British · England · Age 61

250, Lower High Street, Watford, WD17 2DB

Notified 05/03/2025

CompanyRankvs 27747+ SIC 62012 peers
48

Financial strength37th percentile among SIC peers · 9/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3× · 20/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
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27747Newacore Software Ltd
48
How is this score calculated?
Financial strength9/25 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.

Longevity1/15 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 31/03/2026

Net Worth

£100

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£150

Current Liabilities

£50

0avg. employees
Signed by Mr S Jessa,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20263.00

Derived from filed accounts. Not audited figures.