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Tier 2 Consulting Limited

04361268

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

SUITE S05 BUSINESS AND TECHNOLOGY CENTRE, STEVENAGE, SG1 2DX
Incorporated 28/01/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Satya Bolli

director · Since 30/06/2022

CEO AND PRESIDENT

INDIAN · INDIA · Age 72

Persons with Significant Control

Mr Satyanarayana Bolli

75–100% shares
75–100% votes
Appoint directors

Indian · India · Age 72

Plot No 1355d Road No 45,, Plot No 1355d Road No 45,, Hyderabad

Notified 29/06/2022

Former PSCs

Mrs Dawn Kennedy

Ceased 29/06/2022

Mr Andrew Paul Kennedy

Ceased 29/06/2022

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 18/03/2002Registered 26/03/2002Satisfied 09/05/2022

CompanyRankvs 182+ SIC 62020 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees15/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£2.1M

Annual revenue

Net Worth

£1.5M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

-£480k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£2.5M

Current Liabilities

£1.0M

Fixed Assets

£4k

Debtors

£651k

Cost of Sales

£1.8M

Gross Profit

£286k

Admin Expenses

£841k

Operating Profit

-£555k

Profit After Tax

-£480k

26avg. employees-2

Tax at Year End

Corp tax£217k

People Costs

Wages & salaries£1.6M
NI contributions£185k

Balance Sheet

Assets less current liabilities£1.5M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20252.45-£480k
20242.54—
20234.00—

Derived from filed accounts. Not audited figures.