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Speedcom Telecommunications Limited

05867317

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

4TH FLOOR, CENTRE BLOCK, KNOLL RISE, BR6 0JA
Incorporated 05/07/2006

Compliance

Last accounts

31/01/2023

total exemption full

Next accounts due

31/01/2025

Overdue

Confirmation statement

Last: 02/10/2024

Due 16/10/2025

Overdue

Industry

61900
Other telecommunications activities

Officers

Mr Watuhewa Nihal Samarasekara

director · Since 05/07/2006

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 7 other boards

Persons with Significant Control

Mr Watuhewa Nihal Samarasekara

25–50% shares
25–50% votes
Appoint directors

British · England · Age 73

21-23 Croydon Road, Caterham, CR3 6PA

Notified 06/04/2016

Mr Mohammed Menair

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 57

80 Islington High Street, London, N1 8EQ

Notified 06/06/2017

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 02/11/2010Registered 05/11/2010

Insolvency History1 case

creditors voluntary liquidation12/12/2024

Nedim Patrick Ailyan (practitioner) · Deviesh R Raikundalia (practitioner) · Tyrone Courtman (practitioner)

CompanyRankvs 15+ SIC 61900 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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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.

Employees0/15 pts

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

Liquidity16/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/01/2023

Net Worth

£1.7M

Balance sheet strength

Cash

£276k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£3.4M

Current Liabilities

£1.8M

Fixed Assets

£183k

Debtors

£2.7M

60avg. employees

Balance Sheet

Intangible assets£11k
Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.94

Derived from filed accounts. Not audited figures.