The Firmwatch take
Teros Rewards Impact Ltd is a 2-year-old information technology, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show -GBP 254 in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
21 December 2023
2 years on the register
Sector
Business and domestic software development
SIC 62012
Size
Not classified
Net assets
−£254
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
−£254
Bottom 10% in sector · sector median £2k · 116,863 IT firms
Cash
Not disclosed
Working cap.
−£254
Median £6k
Current ratio
0.4×
Median 1.5×
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.
Address pattern · W1W 7LT
12,782 other UK companies are registered at this postcode — a high-volume registered-office service. Treat as a flag, not a verdict.
Active
11k
Dissolved
404
Strike-off action
954
Sector benchmark · Information Technology
How this company compares in 116,863 IT firms
Bottom 10% in sector — Teros Rewards Impact Ltd shows −£254 in net assets. Sector median is £2k.
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.
People
Who runs this company
- HA
HAJIALEXANDROU, Andreas George
director · since 2023
Registered office
Address intelligence
12,782 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.