SYSTEMRATE LIMITED

Company number 02984228 · Active

SYSTEMRATE LIMITED is a private limited company registered in WIGAN, United Kingdom, incorporated on 28 Oct 1994. Its registered activity is business and domestic software development. Its latest published accounts for the period ending 31 Oct 2025 show equity of £358, total assets of £1,940. It has filed 6 sets of accounts. Our model estimates a 0.07 % probability that it becomes insolvent within 12 months, 0.6 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.07 %
Low risk
Lowest riskHighest risk

Higher than 92 % of active companies in the United Kingdom. 0.6× the average annual insolvency rate (0.12 %).

Raises the risk

Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Filing delay of last accounts (days)0.5×< 76 · 0.05 % became insolvent
Region0.6×WN · 0.07 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
02984228 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
28 Oct 1994 (32 years)
Registered address
WN1 2QW WIGAN
Postcode area
Wigan
Activity
62012 Business and domestic software development
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 Dec 2025– –£358£1,940 £1,582–2
31 Oct 202415 Jan 2025– –−£2,073£8,393 £10k–2
31 Oct 202215 May 2023– –£4,879£11k £6,584–2
31 Oct 202115 May 2022– –£4,940£13k £7,939£8,4702
31 Oct 202015 Jul 2021– –£2,430£11k £8,300£8,0172
31 Oct 201915 Jun 2020– –£2,097£9,382 £7,285£6,6662

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Wigan

Questions about SYSTEMRATE LIMITED

What is the company number of SYSTEMRATE LIMITED?

SYSTEMRATE LIMITED is registered under company number 02984228 in the official register of United Kingdom. View it at the official register.

Is SYSTEMRATE LIMITED still active?

Yes. SYSTEMRATE LIMITED is registered as active (status: Active).

Has SYSTEMRATE LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for SYSTEMRATE LIMITED in the official data.

How likely is SYSTEMRATE LIMITED to become insolvent?

Our model estimates a 0.07 % probability that SYSTEMRATE LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 92 % of active companies in the United Kingdom.

When was SYSTEMRATE LIMITED founded?

SYSTEMRATE LIMITED was incorporated on 28 Oct 1994.

Where is SYSTEMRATE LIMITED registered?

SYSTEMRATE LIMITED's registered address is in WN1 2QW WIGAN (Wigan), United Kingdom.

What do the latest accounts of SYSTEMRATE LIMITED show?

The latest published accounts (period ending 31 Oct 2025) show equity of £358, total assets of £1,940, 2 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.