# GRASSROOTS SYSTEMS LIMITED (03310515)

> GRASSROOTS SYSTEMS LIMITED is an active private limited company (company number 03310515) incorporated on 31 January 1997, registered in Crediton. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 January 2025, showing net assets of £84k and cash of £94k, with 8 employees on average. Net assets fell 44% on the prior period (£150k).

- Status: Active
- Incorporated: 1997-01-31
- Registered office: Crediton, EX17 3LQ
- SIC 62012: Business and domestic software development
- SIC 62090: Other information technology service activities
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-02-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 6,222 comparable companies in Other (median £1,000, upper quartile £28k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | £84k | £94k | £12k | £25k | — | — | 8 |
| 2024-01-31 | £150k | £186k | £10k | £50k | — | — | 8 |

current ratio 4.3; size band micro.

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

- Net assets above zero: Net assets £84,373 at 31 January 2025
- Net assets down 25% or more on the prior period: -43.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 4.3
- Cash at bank of £50,000 or more: Cash £94,451
- Incorporated five or more years ago: Incorporated 31 January 1997

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

## Persons with significant control

- Miss Margaret Hargreaves — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Ms Elizabeth Lesley Henson — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06

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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/03310515
HTML: https://firmoscan.com/company/03310515-grassroots-systems-limited