# THIRD MILLENNIUM SYSTEMS LIMITED (03199053)

> THIRD MILLENNIUM SYSTEMS LIMITED is an active private limited company (company number 03199053) incorporated on 15 May 1996, registered in Cardiff. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 December 2025, showing net assets of £5.58m and cash of £5.04m, with 23 employees on average. Turnover was £4.02m and profit for the year £939k. Net assets rose 20% on the prior period (£4.65m). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 1996-05-15
- Registered office: Cardiff, CF15 7AB
- SIC 62012: Business and domestic software development
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-05-29
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 651 comparable companies in Cardiff (median £200, upper quartile £20k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £5.58m | £5.04m | £600k | £386k | £4.02m | £939k | 23 |
| 2025-03-31 | £4.65m | £864k | £3.49m | £510k | — | — | 21 |
| 2024-03-31 | £4.77m | £2.60m | £1.19m | £938k | — | — | 22 |

current ratio 15.44; net margin 23.4%; net assets trend volatile; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £5,584,979 at 31 December 2025
- Net assets up 10% or more on the prior period: +20.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 15.44
- Cash at bank of £50,000 or more: Cash £5,044,751
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 15 May 1996

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Hid Corporation Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2025-01-17

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03199053
HTML: https://firmoscan.com/company/03199053-third-millennium-systems-limited