MINDWORKS LTD

Company number 05582254 · Active

MINDWORKS LTD is a private limited company, United Kingdom, incorporated on 4 Oct 2005. Its registered activity is business and domestic software development. Its latest published accounts for the period ending 31 Mar 2025 show equity of −£173k, total assets of £111k. It has filed 6 sets of accounts. Our model estimates a 0.28 % probability that it becomes insolvent within 12 months, 2.4 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.28 %
High risk
Lowest riskHighest risk

Higher than 96 % of active companies in the United Kingdom. 2.4× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 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
05582254 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
4 Oct 2005 (21 years)
Registered address
HU14 3HH
Postcode area
Hull
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 Mar 202515 Dec 2025– –−£173k£111k £278k–6
31 Mar 202415 Dec 2024– –−£195k£52k £233k–6
31 Mar 202315 Aug 2023– –−£1.2m£16k £1.2m–6
31 Mar 202215 May 2022– –−£1.2m£104k £1.2m–6
31 Mar 202115 May 2021– –−£1.2m£169k £1.2m–7
31 Mar 202015 May 2020– –−£1.1m£40k £1.2m£24k7

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

Similar companies in Hull

Questions about MINDWORKS LTD

What is the company number of MINDWORKS LTD?

MINDWORKS LTD is registered under company number 05582254 in the official register of United Kingdom. View it at the official register.

Is MINDWORKS LTD still active?

Yes. MINDWORKS LTD is registered as active (status: Active).

Has MINDWORKS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MINDWORKS LTD in the official data.

How likely is MINDWORKS LTD to become insolvent?

Our model estimates a 0.28 % probability that MINDWORKS LTD becomes insolvent within the next 12 months (high risk). That is higher than 96 % of active companies in the United Kingdom.

When was MINDWORKS LTD founded?

MINDWORKS LTD was incorporated on 4 Oct 2005.

Where is MINDWORKS LTD registered?

MINDWORKS LTD's registered address is in HU14 3HH (Hull), United Kingdom.

What do the latest accounts of MINDWORKS LTD show?

The latest published accounts (period ending 31 Mar 2025) show equity of −£173k, total assets of £111k, 6 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.