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Nyne Services Pvt Ltd

06292007

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)
  • Current liabilities exceed current assets (-10)

Details

EMSTREY HOUSE NORTH, SHREWSBURY, SY2 6LG
Incorporated 25/06/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Ramesh Yellapu

secretary · Since 26/06/2007

CO SECRETARY & DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mrs Praveena Yellapu

director · Since 26/06/2007

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Ramesh Yellapu

director · Since 26/06/2007

CO SECRETARY & DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Ramesh Yellapu

25–50% shares
25–50% votes

British · England · Age 50

Emstrey House North, Shrewsbury Business Park, Shrewsbury, SY2 6LG

Notified 05/01/2017

Mrs Praveena Yellapu

25–50% shares
25–50% votes

British · England · Age 45

Emstey House North, Shrewsbury Business Park, Shrewsbury, SY2 6LG

Notified 01/05/2022

Former PSCs

Mrs Praveena Yellapu

Ceased 01/05/2017

Mrs Praveena Yellapu

Ceased 01/05/2017

CompanyRankvs 929+ SIC 62012 peers
86

Financial strength93th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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929Nyne Services Pvt Ltd
86
How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

£274k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£268k

Working capital

Current Assets

£326k

Current Liabilities

£62k

Fixed Assets

£14k

3avg. employees

Balance Sheet

Assets less current liabilities£282k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20245.27+£104k
20234.07+£25k
20222.29+£94k
20212.78—

Derived from filed accounts. Not audited figures.