Active12239915Private limited companyHorsham,

LOFTYWORKS LTD

E33/100

Summary

Generated from filed data · no estimates

LOFTYWORKS LTD is an active private limited company (company number 12239915) incorporated on 2 October 2019, registered in Horsham,. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 October 2024, showing net assets of −£3.87m and cash of £32k, with 18 employees on average. Net assets fell 467% on the prior period (−£682k).

Peer position · net assets

By net assets it sits in the bottom quarter of 1,051 comparable companies in Surrey (median £1,417, upper quartile £40k).

Key dates

Incorporated: 2 October 20197 yrs ago
Next accounts due: 31 July 202683 days overdue
Confirmation statement due: 16 October 2027in 359 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 62012: Business and domestic software development
SIC 63120: Web portals
Accounts type: Small
Size band: MicroCompanies Act thresholds

Financials

2 periods on record · latest ending 31 October 2024

Net assets

−£3.87m

vs Oct 2023

Cash at bank

£32k

+274%vs Oct 2023

Turnover

Not reported

Employees

+38%vs Oct 2023

Net assets

−£3.87m

Cash at bank

£32k

Average employees

Filed accounts by period, newest first
Period end	Net assets	Cash	Debtors	Creditors <1y	Turnover	Profit	Employees
31 October 2024	−£3.87m	£32k	£83k	£72k	—	—	18
31 October 2023	−£682k	£8,622	£101k	£111k	—	—	13

Current ratio1.61Comfortable

Cash per employee£1,793Cash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score

Rules-based · every point shows its evidence

33 / 100 · grade E

Score breakdown
50	Starting scoreEvery scored company starts here
−15	Negative net assetsNet assets £-3,868,590 at 2024-10-31
−8	Net assets falling-467.0% vs prior period
+8	Comfortable liquidityCurrent ratio 1.61
+8	EstablishedIncorporated 2019-10-02 (7 years)
−10	Accounts overdueDue 2026-07-31
33	Score, grade E

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.

Ownership and control

1 active · 2 other

JC
Mr Joseph Chen
Individual · since 21 November 2025
- owns 75–100% of shares
- holds 75–100% of voting rights
75–100%
KJ
Mr Kurt Jonathan Lyall
Individual · since 2 October 2019 · ceased 19 August 2022
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
25–50%
Moatable Inc.
corporate entity, Cayman Islands · since 19 August 2022 · ceased 21 November 2025
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
75–100%

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Timeline

Newest first

16 Oct 2027Confirmation statement duein 359 days
31 Jul 2026Next accounts due83 days overdue
31 Oct 2024Accounts period endNet liabilities £3.87m · small accounts
31 Oct 2023Accounts period endNet liabilities £682k · small accounts
02 Oct 2019Incorporated

Similar companies in Surrey

Same activity (business and domestic software development), closest in incorporation date

All companies incorporated on 2 October 2019 · in Oct 2019.

Reminders for LOFTYWORKS LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.