ALGORITHMS SOFTWARE UK LIMITED
Company number 04304925 · Monitor this company
Executive summary
Algorithms Software UK Limited has experienced a significant decline in financial health, moving from a strong equity position to a loss-making state in the year ending March 2025. While the company remains solvent and possesses adequate cash reserves for the short term, supported by a parent company guarantee, it is exhibiting symptoms of acute cash burn likely driven by rapid staff expansion. Immediate cost control and improved cash collection are necessary to prevent further deterioration.
Shareholders' funds
£358,349
Balance sheet as at 2025-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2001-10-16
- Employees
- 15 (2025 accounts · was 9 in 2024)
- Registered office
- 16 Great Queen Street, Covent Garden, London, United Kingdom, WC2B 5AH
- Postcode
- WC2B 5AH
- Capital
- 108,122 GBP
- Accounts category
- Small
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-10-16
- Next due by
- 2027-10-30
Nature of business (SIC)
- 62090 Other information technology service activities
Officers 3 current · 5 resigned
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Global Business Mobility: Senior or Specialist Worker (Worker (A rating)), Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA029522 (Tier 1), registered since 2013.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| ALGORITHMS UK LIMITED | 2001-12-04 |
| NEVRUS (892) LIMITED | 2001-11-26 |
Previous registered addresses 6
| Address | Changed on |
|---|---|
| THE OLD WINERY THE DOWN, LAMBERHURST VINEYARD, LAMBERHURST, KENT, TN3 8ER | 2015-11-30 |
| 3000 CATHEDRAL HILL, GUILDFORD, SURREY, GU2 7YB | 2008-06-10 |
| GISTERED OFFICE CHANGED ON 10/06/2008 FROM, 3000 CATHEDRAL HILL, GUILDFORD, SURREY, GU2 7YB | 2008-06-10 |
| 6 REGIUS COURT, CHURCH ROAD, PENN, BUCKINGHAMSHIRE HP10 8RL | 2006-05-26 |
| REGENT'S PLACE, 338 EUSTON ROAD, LONDON | 2004-10-28 |
| 24 BEVIS MARKS, LONDON, EC3A 7NR | 2003-06-15 |
Among its peers
Top 10%
by shareholders' funds, of 1,370 similar companies in WC
Among the biggest employers among its local peers (15 staff).
Among the oldest 25% of its local peers, trading since 2001.
Competitors London
This company ranks 128 among other information technology service activities in London.
The class of 2001
30%
of the 1,734 companies in this sector incorporated in 2001 are still active today; 67% have since been dissolved.
A fact about the year, not a forecast for this company.