The Firmwatch take
Softiron Ltd (08172199) currently shows: At risk signal detected, based on accounts to 31 December 2024; last refreshed 24 May 2026. Net liabilities of £47m — assets do not cover obligations.
Companies House source·Accounts to 31 Dec 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
8 August 2012
13 years on the register
Sector
Head office activities
SIC 70100
Size
Not classified
Net assets
−£47m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£47m
Bottom 10% in sector · sector median £10k · 9,810 filers in this sector
Cash
Not disclosed
Working cap.
−£16m
Median £3k
Current ratio
0.7×
Median 1.3×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Head Offices
How this company compares in 9,810 filers in this sector
Bottom 10% in sector — Softiron Ltd shows −£47m in net assets. Sector median is £10k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Address pattern · W1J 8AJ
415 other UK companies registered at this postcode.
Active
348
Dissolved
5
Strike-off action
58
People
Who runs this company
- FN
FRASER, Norman Macaskill, Dr
director · since 2012
- SP
STRAW, Phillip
director · since 2019
Registered office
Address intelligence
415 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.