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Inatech Europe Limited

04487373

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

2 COMMUNICATIONS ROAD, NEWBURY, RG19 6AB
Incorporated 16/07/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
63110
Data processing, hosting and related activities

Officers

Mr Michael Assi

director · Since 14/06/2022

COMPANY DIRECTOR

CANADIAN · CANADA · Age 46

Also on 8 other boards

Mr Davide Felicissimo

director · Since 14/06/2022

LAWYER

CANADIAN · CANADA · Age 51

Also on 15 other boards

Persons with Significant Control

Former PSCs

Glencore Plc

Ceased 02/06/2022

Charges0 outstanding

charge
satisfied

GARTNER UK LIMITED

Created 18/11/2008Registered 22/11/2008Satisfied 29/04/2014
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2003Registered 06/12/2003Satisfied 17/12/2015

CompanyRankvs 71766+ SIC 62020 peers
43

Financial strength0th percentile among SIC peers · 0/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.11× · 2/20
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 strength0/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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 31/12/2023

Net Worth

-£28.9M

Balance sheet strength

Cash

£456k

Cash in the bank

Net Current Assets

-£28.9M

Working capital

Current Assets

£3.6M

Current Liabilities

£32.5M

Fixed Assets

£73k

Debtors

£3.1M

2avg. employees-3

Balance Sheet

Intangible assets£71k
Assets less current liabilities-£28.9M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.11+£201k
20220.11

Derived from filed accounts. Not audited figures.