TERN CIRCULAR LTD
Company number 12949990 · Active · Barnet EN5 5SU
TERN CIRCULAR LTD is an active private limited company (company number 12949990) incorporated on 14 October 2020, registered in Barnet. Its registered activity is business and domestic software development (SIC 62012). Latest abridged accounts cover the period ending 31 October 2025, showing net assets of −£106k and cash of £11k, with 3 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 402% on the prior period (£35k).
By net assets it sits in the bottom quarter of 4,366 comparable companies in Greater London (median £1,196, upper quartile £29k).
Key dates
- Incorporated
- 14 October 2020
- Next accounts due
- 31 July 2027 — in 282 days
- Confirmation statement due
- 28 October 2026 — in 6 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 70229
- Management consultancy activities other than financial management
- Accounts type
- Unaudited Abridged
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 October 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | −£106k | £11k | £23k | — | — | — | 3 |
| 31 October 2024 | £35k | £134k | £16k | — | — | — | 4 |
- Cash per employee
- £3,545
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 35/100 (grade D)
- -15 Negative net assets — Net assets £-106,388 at 2025-10-31
- -8 Net assets falling — -402.4% vs prior period
- +8 Established — Incorporated 2020-10-14 (6 years)
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
- Mrs Catherine Walmsley — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 14 October 2020
- Mrs Zoe Ilane Rowswell — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 14 October 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 Greater London
Same activity (business and domestic software development), closest in incorporation date.
- WAYNE'S INDUSTRY LTD — Croydon, inc. Oct 2020
- TRAXIS GROUP LTD — Borehamwood, inc. Oct 2020
- ANAKENA LTD — Ruislip, inc. Oct 2020
- PCMGF LIMITED — Watford, inc. Oct 2020
- UNIFIER TECHNOLOGIES LTD — Harrow, inc. Oct 2020
- VITEK LIMITED — South Croydon, inc. Oct 2020
All companies incorporated on 14 October 2020 · in Oct 2020.
Reminders for TERN CIRCULAR LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.