YARN DEVELOPMENT LTD
Company number 15152874 · Active · London E4 7RY
YARN DEVELOPMENT LTD is an active private limited company (company number 15152874) incorporated on 21 September 2023, registered in London. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 30 September 2025, showing net assets of £326, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 35% on the prior period (£500).
By net assets it sits in the lower half of 15,170 comparable companies in London (median £702, upper quartile £27k).
Key dates
- Incorporated
- 21 September 2023
- Next accounts due
- 30 June 2027 — in 254 days
- Confirmation statement due
- 5 October 2027 — in 351 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
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 September 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 September 2025 | £326 | — | — | £602 | — | — | 1 |
| 30 September 2024 | £500 | — | — | £0 | — | — | 1 |
- Current ratio
- 1.54 — comfortable
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 64/100 (grade C)
- +10 Positive net assets — Net assets £326 at 2025-09-30
- -8 Net assets falling — -34.8% vs prior period
- +8 Comfortable liquidity — Current ratio 1.54
- +4 Past first filings — Incorporated 2023-09-21
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
- Mr Marcus Mugasha Kamuntu — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 21 September 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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Reminders for YARN DEVELOPMENT LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.