−£90k
vs Mar 2024ActiveSC535827Private limited companyEdinburgh
WEPURPOSE TECHNOLOGY LTD
E27/10001
Summary
WEPURPOSE TECHNOLOGY LTD is an active private limited company (company number SC535827) incorporated on 19 May 2016, registered in Edinburgh. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£90k and cash of £2,123, with 7 employees on average. Net assets fell 42% on the prior period (−£64k).
Peer position · net assets
By net assets it sits in the bottom quarter of 630 comparable companies in Edinburgh (median £1,335, upper quartile £30k).
02
Key dates
- Incorporated
- 19 May 201610 yrs ago
- Next accounts due
- 31 December 2026in 70 days
- Confirmation statement due
- 2 June 2027in 223 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- SIC 62020
- Information technology consultancy activities
- SIC 63990
- Other information service activities n.e.c.
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£2,123
+271%vs Mar 2024Not reported
7
No changevs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£90k | £2,123 | £41k | £105k | — | — | 7 |
| 31 March 2024 | −£64k | £572 | £40k | £86k | — | — | 7 |
Current ratio0.41Current liabilities exceed current assets
Cash per employee£303Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
27 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-90,456 at 2025-03-31 |
| −8 | Net assets falling-42.3% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.41 |
| +8 | EstablishedIncorporated 2016-05-19 (10 years) |
| 27 | 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.
06
Ownership and control
No active person with significant control is registered.
- Mrs Irene Massey
- holds 25–50% of voting rights
- Mr David William Massey
- holds 25–50% of voting rights
- Mr David William Massey
- has significant influence or control
- Mr Ross Anthony Linn
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 223 days
- Next accounts duein 70 days
- Accounts period endNet liabilities £90k · small accounts
- Accounts period endNet liabilities £64k · small accounts
- Incorporated
08
Similar companies in Edinburgh
- MIICARD LIMITEDEdinburgh · inc. May 2016
- INTELLIQUIP EUROPE LIMITEDEdinburgh · inc. May 2016
- MARYNSOL LIMITEDEdinburgh · inc. May 2016
- DEVERONCLYDE LIMITEDEdinburgh · inc. Apr 2016
- AC DATA SOLUTIONS LTDBo'Ness · inc. Jun 2016
- DEBLUR LTDDalkeith · inc. Apr 2016
All companies incorporated on 19 May 2016 · in May 2016.
09
Reminders for WEPURPOSE TECHNOLOGY LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.