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Nag Technologies Limited

05914182

active
Private Limited Company
england wales
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

UNION HOUSE, COVENTRY, CV1 2NT
Incorporated 23/08/2006

Compliance

Last accounts

31/08/2022

micro entity

Next accounts due

31/05/2024

Overdue

Confirmation statement

Last: 23/08/2023

Due 06/09/2024

Overdue

Industry

62020
Information technology consultancy activities

Officers

Mr Thirumaran Chandrasekaran

director · Since 15/08/2012

MANAGEMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr Thirumaran Chandrasekaran

75–100% shares

British · United Kingdom · Age 49

Union House, 111 New Union Street, Coventry, CV1 2NT

Notified 07/04/2016

CompanyRankvs 79125+ SIC 62020 peers
39

Financial strength7th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.32× · 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 strength2/25 pts

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

Employees5/15 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 31/08/2022

Net Worth

-£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£33k

Current Liabilities

£101k

Fixed Assets

£58k

1avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20220.32+£15k
20210.00-£39k
20200.06+£5k
20191.47
20180.59

Derived from filed accounts. Not audited figures.