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Channel Systems Limited

03639018

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

5 CLEMENTS COURT, ILFORD, IG1 2QY
Incorporated 25/09/1998

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 25/09/2025

Due 09/10/2026

On track

Industry

62020
Information technology consultancy activities
62030
Computer facilities management activities
62090
Other information technology service activities

Officers

Ram Shiv Suglani

secretary · Since 29/09/1998

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 11 other boards

Mr Bharat Mehta

director · Since 29/09/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 23 other boards

Ram Shiv Suglani

director · Since 29/09/1998

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 11 other boards

Mr Stephen John Butler

director · Since 06/03/2012

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 5 other boards

Persons with Significant Control

Mr Ram Shiv Suglani

25–50% shares
25–50% votes

British · England · Age 66

5, Clements Court, Ilford, IG1 2QY

Notified 06/04/2016

CompanyRankvs 1295+ SIC 62020 peers
86

Financial strength87th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1295Channel Systems Limited
86
How is this score calculated?
Financial strength22/25 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 30/09/2024

Net Worth

£96k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£105k

Working capital

Current Assets

£125k

Current Liabilities

£20k

Fixed Assets

£154

4avg. employees

Balance Sheet

Assets less current liabilities£105k
Signed by 03639018 2023-10-01 2024-09-30 03639018 2024-09-30 03639018 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20246.17-£21k
20234.30-£34k
20228.77-£52k
202118.68-£24k
20207.77-£31k
20193.33-£36k
20183.62—

Derived from filed accounts. Not audited figures.