£1.63m
−18%vs Mar 2024Active05719828Private limited companyDerby
WORKCHAIN LTD
A85/10001
Summary
WORKCHAIN LTD is an active private limited company (company number 05719828) incorporated on 23 February 2006, registered in Derby. Its registered activity is business and domestic software development (SIC 62012). Latest full accounts cover the period ending 31 March 2025, showing net assets of £1.63m and cash of £272k, with 458 employees on average. Turnover was £13.15m and profit for the year £168k. Net assets fell 18% on the prior period (£1.99m).
Peer position · net assets
By net assets it sits in the top quarter of 335 comparable companies in Derby (median £2,190, upper quartile £37k).
02
Key dates
- Incorporated
- 23 February 200620 yrs ago
- Next accounts due
- 31 December 2026in 70 days
- Confirmation statement due
- 9 March 2027in 138 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- SIC 78200
- Temporary employment agency activities
- Accounts type
- Full
- Size band
- SmallCompanies Act thresholds
04
Financials
£272k
−40%vs Mar 2024£13.15m
−17%vs Mar 2024458
−21%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £1.63m | £272k | — | £1.64m | £13.15m | £168k | 458 |
| 31 March 2024 | £1.99m | £454k | — | £1.12m | £15.78m | −£91k | 582 |
| 1 April 2023 | — | — | — | — | — | — | — |
Current ratio1.98Comfortable
Net margin1.3%Profit for the year ÷ turnover
Cash per employee£594Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
85 / 100 · grade A
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £1,634,069 at 2025-03-31 |
| +8 | Comfortable liquidityCurrent ratio 1.98 |
| +4 | Cash reservesCash £272,183 |
| +5 | Multi-year filing history3 periods on record |
| +8 | EstablishedIncorporated 2006-02-23 (21 years) |
| 85 | Score, grade A |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Workchain Holdings Ltd
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Philip Stephen Tong
- owns 50–75% of shares
- holds 50–75% of voting rights
- Mr Adam Hinckley
- owns 25–50% of shares
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 138 days
- Next accounts duein 70 days
- Accounts period endNet assets £1.63m · full accounts
- Accounts period endNet assets £1.99m · full accounts
- Accounts period end
- Incorporated
08
Similar companies in Derby
- NEUSTRO CONSULTING LIMITEDDerby · inc. Nov 2005
- ZOUCH DYNAMICS LIMITEDSwadlincote · inc. Jun 2006
- RESONATE GROUP LIMITEDDerby · inc. Jun 2006
- CUE VISION LIMITEDDerby · inc. Oct 2005
- PHILLIP INGHAM CONTROL SYSTEMS LTDBurton-On-Trent · inc. Nov 2006
- EAST GB LIMITEDMatlock · inc. May 2005
All companies incorporated on 23 February 2006 · in Feb 2006.
09
Reminders for WORKCHAIN LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.