The Firmwatch take
Cipherx Technologies Ltd (13607960) currently shows: At risk signal detected, based on accounts to 30 September 2025; last refreshed 24 May 2026. Net liabilities of £173k — assets do not cover obligations.
Companies House source·Accounts to 30 Sept 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Pulse · Net assets, 2024–2025
↘ £204kIncorporated
7 September 2021
4 years on the register
Sector
Retail sale via mail order houses or via Internet
SIC 47910
Size
Not classified
Net assets
−£173k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Money
What the balance sheet says
Net assets
−£173k
Bottom 10% in sector · sector median £703 · 166,319 retailers
Cash
Not disclosed
Working cap.
£576k
Median £2k
Current ratio
42.9×
Median 1.1×
Signals · 1
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Sector benchmark · Retail
How this company compares in 166,319 retailers
Bottom 10% in sector — Cipherx Technologies Ltd shows −£173k in net assets. Sector median is £703.
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 · W12 7RZ
155 other UK companies registered at this postcode.
Active
148
Dissolved
3
Strike-off action
4
People
Who runs this company
- MS
MBM SECRETARIAL SERVICES LIMITED
corporate-secretary · since 2026
Registered office
Address intelligence
155 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.