{"name":"CIPTEX LTD","company_number":"05671321","status":"Active","type":"Private Limited Company","incorporated":"2006-01-10","dissolved":null,"registered_office":"31-32 Causewayhead, Penzance, Cornwall, United Kingdom, TR18 2SP","postcode":"TR18 2SP","sic_codes":[{"code":61900,"description":"Other telecommunications activities"},{"code":62012,"description":"Business and domestic software development"},{"code":62020,"description":"Information technology consultancy activities"}],"principal_activity":"The principal activity of the company is Design, delivery and support of cloud based communications platforms","previous_names":[{"name":"CIPTEX SOLUTIONS LIMITED","changed_on":"2011-11-22"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"28 February","last_made_up_to":"2026-02-28","next_due":"2027-11-30"},"employees":{"count":20,"accounts_date":"2025-02-28"},"financials":[{"financial_date":"2025-02-28","net_assets":5957,"cash":687945,"average_employees":20},{"financial_date":"2024-02-29","net_assets":261042,"cash":648289,"average_employees":19},{"financial_date":"2023-02-28","net_assets":254956,"cash":652390},{"financial_date":"2022-02-28","net_assets":516594,"cash":560755},{"financial_date":"2021-02-28","net_assets":270096,"cash":325654}],"officers":{"current":4,"resigned":10,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"CIPTEX LTD presents a high-risk investment profile due to its near-zero net asset position of £5,957, having lost approximately £255,000 in retained earnings during FY2025. While the company demonstrates revenue growth indicators and maintains a reasonable cash balance of £688k, the 320:1 debt-to-equity ratio and 1.08:1 current ratio leave virtually no margin for operational disruption. The critical question for any investor is whether existing shareholders or lenders are committed to providing ongoing funding support, as the current trajectory would push the company into negative net assets within months without intervention.","website":"https://ciptex.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/ciptex","people":"https://www.companiesintheuk.co.uk/company/ciptex/people","filing_history":"https://www.companiesintheuk.co.uk/company/ciptex/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05671321","financials":"https://www.companiesintheuk.co.uk/company/ciptex/financial","control":"https://www.companiesintheuk.co.uk/company/ciptex/control","charges":"https://www.companiesintheuk.co.uk/company/ciptex/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/ciptex/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/ciptex"}