The Firmwatch take
Secret Sorcery Limited (09550581) currently shows: Watch signal detected, based on accounts to 30 April 2024; last refreshed 25 May 2026. Old public accounts — extracted from the latest filed accounts.
Companies House source·Accounts to 30 Apr 2024·Refreshed 25 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
20 April 2015
11 years on the register
Sector
Ready-made interactive leisure and entertainment software development
SIC 62011
Size
Not classified
Net assets
£200
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
19/100
low risk
Estimated public-data value
£150 - £270
medium confidence - net asset range
Sector comparison
Sector: Information Technology
Sample: 116,863 companies
Negative net assets: 17.4%
- Net assets vs sector median
- -£1,652
- Working capital vs sector median
- £48,760
- Sector median current ratio
- 1.49
Thin net asset buffer
The company reports a small visible net asset position.
Accounts are ageing
The latest extracted accounts period is more than 21 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 30% in sector · Sector medians shown for 116,863 IT firms (2024).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£77,961
Current liabilities
Amounts due within one year (short-term creditors).
£23,023
Working capital
Current assets minus current liabilities.
£54,938
Median £6k
Fixed assets
Long-term tangible and intangible assets.
Not disclosed
Total assets less current liabilities
Fixed assets plus working capital.
£54,939
Net assets
What's left after liabilities are deducted from assets.
£200
Median £2k
Equity (capital & reserves)
Shareholder funds.
£200
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
3.4×
Median 1.5×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
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.