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Illy Computer Systems Limited

02940929

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

11 HOXTON SQUARE, N1 6NU
Incorporated 21/06/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mrs Varsha Visavadia

director · Since 21/06/1994

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Mr Dinesh Visavadia

director · Since 01/05/1995

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mrs Varsha Visavadia

secretary · Since 07/09/1999

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Ms Hemma Visavadia

director · Since 24/04/2019

JOURNALIST

BRITISH · ENGLAND · Age 29

Ms Priya Visavadia

director · Since 24/04/2019

MEDIA AND EDITING

BRITISH · ENGLAND · Age 32

Miss Sona Visavadia

director · Since 19/01/2021

ADMINISTRATOR

BRITISH · ENGLAND · Age 24

Persons with Significant Control

Mr Dinesh Visavadia

25–50% shares
25–50% votes

British · England · Age 63

11 Hoxton Square, N1 6NU

Notified 06/04/2016

Mrs Varsha Visavadia

25–50% shares
25–50% votes

British · England · Age 61

11 Hoxton Square, N1 6NU

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/09/2016Registered 06/09/2016Satisfied 06/07/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/08/2016Registered 05/08/2016Satisfied 06/07/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/12/2004Registered 21/12/2004Satisfied 19/05/2017

CompanyRankvs 243+ SIC 62012 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/08/2024

Net Worth

£3.3M

Balance sheet strength

Cash

£649k

Cash in the bank

Net Current Assets

£824k

Working capital

Current Assets

£960k

Current Liabilities

£136k

Fixed Assets

£2.6M

Debtors

£282k

5avg. employees

Balance Sheet

Assets less current liabilities£3.5M
Signed by 2023-08-31Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20247.07+£22k
20239.00

Derived from filed accounts. Not audited figures.