# RECOURSE AI LTD. (11269312)

> RECOURSE AI LTD. is an active private limited company (company number 11269312) incorporated on 22 March 2018, registered in Manchester. 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 £2.03m and cash of £1.91m, with 15 employees on average. Net assets fell 22% on the prior period (£2.60m).

- Status: Active
- Incorporated: 2018-03-22
- Registered office: Manchester, M15 4GB
- SIC 62012: Business and domestic software development
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-05
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 2,275 comparable companies in Manchester (median £1,630, upper quartile £37k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £2.03m | £1.91m | £352k | £251k | — | — | 15 |
| 2024-03-31 | £2.60m | £2.61m | £126k | £145k | — | — | 12 |

current ratio 9.04; size band small.

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

- Net assets above zero: Net assets £2,027,965 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 9.04
- Cash at bank of £50,000 or more: Cash £1,913,171
- Incorporated five or more years ago: Incorporated 22 March 2018

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

## Persons with significant control

- Mr Scott Martin — owns 25–50% of shares; holds 25–50% of voting rights, since 2018-03-22

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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/11269312
HTML: https://firmoscan.com/company/11269312-recourse-ai-ltd