SCRIBESTAR LTD
Company number 06935972 · Monitor this company
Executive summary
Scribestar Ltd presents a classic case of a capital-intensive technology venture that has failed to achieve product-market fit at sufficient scale, having consumed over £17 million in equity while accumulating losses that have rendered the company insolvent on a net assets basis. The strategic options are narrow: secure emergency funding to extend the runway while pursuing a fundamental pivot or partnership; seek acquisition by a larger platform with distribution and capital; or manage an orderly wind-down that preserves some value from the developed IP. In its current trajectory, without decisive action, the company's cash position suggests operational continuity cannot be sustained beyond weeks rather than months.
Shareholders' funds
-£17,592,602
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2009-06-17
- Employees
- 4 (2024 accounts · was 8 in 2023)
- Registered office
- 20 Garrett Street, London, Greater London, England, EC1Y 0TW
- Postcode
- EC1Y 0TW
- Capital
- 11 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-17
- Next due by
- 2027-07-01
Nature of business (SIC)
- 62012 Business and domestic software development
Officers 5 current · 8 resigned
Contact details
- Website
- scribestar.com
ScribeStar digitises, structures, and automates the legal, regulatory, and reporting processes in capital markets transactions.
Previous registered addresses 6
| Address | Changed on |
|---|---|
| SUITE 202 45 BEECH STREET, LONDON, EC2Y 8AD, ENGLAND | 2019-12-17 |
| 88 WOOD STREET, 11TH FLOOR, LONDON, EC2V 7RS, ENGLAND | 2017-05-23 |
| 3 BISHOPS SQUARE BUSINESS PARK, 2ND FLOOR, TITAN COURT, HATFIELD, HERTFORDSHIRE, AL10 9NA, ENGLAND | 2015-05-13 |
| 3 BISHOPS SQUARE BUSINESS PARK, 2ND FLOOR, TITAN COURT, HATFIELD, HERTFORDSHIRE, AL10 9NA, ENGLAND | 2015-05-13 |
| 51 CLARKEGROVE ROAD, SHEFFIELD, SOUTH YORKSHIRE, S10 2NH | 2014-08-01 |
| 51 CLARKEGROVE ROAD, SHEFFIELD, SOUTH YORKSHIRE, S10 2NH | 2014-08-01 |
Among its peers
Among the oldest 25%
of 9,035 similar companies in EC, trading since 2009
Competitors London
-
5. CIRATA LTD
This company ranks 4079 among business and domestic software development in London.
The class of 2009
35%
of the 2,118 companies in this sector incorporated in 2009 are still active today; 62% have since been dissolved.
A fact about the year, not a forecast for this company.