SYSTEM 2 THINKING LTD

Company number 12711662 · Active · Reading RG7 1JQ

B
Firmoscan score 73/100
Companies House ↗

SYSTEM 2 THINKING LTD is an active private limited company (company number 12711662) incorporated on 1 July 2020, registered in Reading. Its registered activity is management consultancy activities other than financial management (SIC 70229). Latest small accounts cover the period ending 31 March 2026, showing net assets of £110k and cash of £955, with 0 employees on average. Net assets were unchanged on the prior period. Across the last 3 periods on record the net-asset trend is falling.

By net assets it sits in the top quarter of 4,197 comparable companies in Reading (median £7,829, upper quartile £48k).

Key dates

Incorporated
1 July 2020
Next accounts due
31 December 2027 — in 435 days
Confirmation statement due
15 July 2027 — in 266 days

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

Activity

SIC 70229
Management consultancy activities other than financial management
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 3 periods on record, latest ending 31 March 2026

Net assets
Net assetsMar 2024: £134k; Mar 2025: £111k; Mar 2026: £110k£134k£111k£110kMar 2024Mar 2025Mar 2026
Cash at bank
Cash at bankMar 2024: £12k; Mar 2025: £1,296; Mar 2026: £955£12k£1,296£955Mar 2024Mar 2025Mar 2026
Average employees
Average employeesMar 2024: 0; Mar 2025: 0; Mar 2026: 0000Mar 2024Mar 2025Mar 2026
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 March 2026£110k£955£112k———0
31 March 2025£111k£1,296£112k———0
31 March 2024£134k£12k£128k———0

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

Firmoscan score: 73/100 (grade B)

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.

Ownership and control

  • Abess Holdings Limited (corporate entity, England And Wales) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 1 July 2020
  • The Compassionate Leader Network Limited (corporate entity, England And Wales) — owns 25–50% of shares; holds 25–50% of voting rights · since 1 July 2020 · ceased 1 November 2025
  • Mr Scott Michael Chambers — owns 50–75% of shares; holds 50–75% of voting rights · since 1 July 2020 · ceased 1 July 2020

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

Similar companies in Reading

Same activity (management consultancy activities other than financial management), closest in incorporation date.

All companies incorporated on 1 July 2020 · in Jul 2020.

Reminders for SYSTEM 2 THINKING LTD

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