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Adage Systems It Limited

04351525

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

79 RIVERSIDE ROAD, SIDCUP, DA14 4PT
Incorporated 11/01/2002

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 11/01/2026

Due 25/01/2027

On track

Industry

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

Officers

Mr Solomon Makululu Mela

director · Since 18/01/2002

DIRECTOR

BRITISH · ENGLAND

Also on 4 other boards

Persons with Significant Control

Mr Solomon Makululu Mela

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm

British · England

Notified 11/01/2017

CompanyRankvs 58315+ SIC 62020 peers
50

Financial strength25th percentile among SIC peers · 6/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.45× · 12/20
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 strength6/25 pts

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

Employees2/15 pts

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

Liquidity12/20 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 31/01/2026

Net Worth

£2

Balance sheet strength

Cash

£151

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£70k

Current Liabilities

£48k

Fixed Assets

£621

0avg. employees

Balance Sheet

Assets less current liabilities£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.45—
20250.09+£112
2024—+£2k
20230.08—

Derived from filed accounts. Not audited figures.