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Nationwide Instructor Training College Limited

04309598

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

INNOVATION HOUSE 410, WOLVERHAMPTON, WV10 6AJ
Incorporated 23/10/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62090
Other information technology service activities

Officers

Gurmeet Kanda

secretary · Since 23/10/2001

BRITISH · Age 58

Also on 5 other boards

Mr Rakesh Kumar Kanda

director · Since 23/10/2001

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 15 other boards

Mrs Gurmeet Kanda

director · Since 09/07/2022

MANAGER

BRITISH · UNITED KINGDOM · Age 58

Also on 4 other boards

Persons with Significant Control

Mr Rakesh Kumar Kanda

75–100% shares

British · United Kingdom · Age 57

Innovation House, 410, Wolverhampton, WV10 6AJ

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 17/07/2018Registered 30/07/2018
charge
outstanding

NORWICH AND PETERBOROUGH BUILDING SOCIETY

Created 30/11/2007Registered 07/12/2007
charge
outstanding

NORWICH AND PETERBOROUGH BUILDING SOCIETY

Created 30/11/2007Registered 07/12/2007

CompanyRankvs 508+ SIC 62012 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 39.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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508Nationwide Instructor Training College Limited
88
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.

Employees13/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£1.6M

Current Liabilities

£42k

Fixed Assets

£411k

Debtors

£1k

4avg. employees-1

Balance Sheet

Assets less current liabilities£2.0M
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202539.14+£70k
202455.80+£37k
202361.04+£24k
202296.68+£20k
202146.32-£7k
20208.74+£534k
20199.00+£56k
201719.35—

Derived from filed accounts. Not audited figures.