BINARY AI LTD
Company number 14818671 · Active · London EC2A 1NT
BINARY AI LTD is an active private limited company (company number 14818671) incorporated on 21 April 2023, registered in London. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 30 April 2025, showing net assets of −£556k and cash of £1.37m, with 8 employees on average. Net assets fell 144% on the prior period (−£228k).
By net assets it sits in the bottom quarter of 15,170 comparable companies in London (median £702, upper quartile £27k).
Key dates
- Incorporated
- 21 April 2023
- Next accounts due
- 30 January 2027 — in 105 days
- Confirmation statement due
- 5 May 2027 — in 200 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
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 April 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 April 2025 | −£556k | £1.37m | £71k | £88k | — | — | 8 |
| 30 April 2024 | −£228k | £1.23m | £0 | £44k | — | — | 8 |
- Current ratio
- 16.39 — comfortable
- Cash per employee
- £171k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 43/100 (grade D)
- -15 Negative net assets — Net assets £-556,233 at 2025-04-30
- -8 Net assets falling — -144.5% vs prior period
- +8 Comfortable liquidity — Current ratio 16.39
- +4 Cash reserves — Cash £1,365,258
- +4 Past first filings — Incorporated 2023-04-21
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
- Dr James Patrick-Evans — owns 25–50% of shares; holds 25–50% of voting rights · since 21 April 2023
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 London
Same activity (business and domestic software development), closest in incorporation date.
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- MIDAS AI LTD — London, inc. Apr 2023
- KNIGHT AI LIMITED — London, inc. Apr 2023
Reminders for BINARY AI LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.