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Iqtech Ltd

06477032

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 7 outstanding charges (-10)

Details

302 MAIN ROAD, ROMFORD, RM2 6LU
Incorporated 18/01/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation
68209
Other letting and operating of own or leased real estate

Officers

Mrs Juliana Nwosu

secretary · Since 18/01/2008

R&D COORDINATOR

BRITISH · Age 50

Also on 1 other board

Mr Chikaodiri Nwosu

director · Since 18/01/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Mrs Juliana Nwosu

director · Since 31/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Chikaodiri Nwosu

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm
Appoint directors

British · England · Age 52

302, Main Road, Romford, RM2 6LU

Notified 08/07/2016

Mrs Juliana Nwosu

25–50% shares
25–50% votes

British · England · Age 50

302, Main Road, Romford, RM2 6LU

Notified 17/01/2017

Charges7 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 03/02/2026Registered 04/02/2026
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 19/01/2026Registered 20/01/2026
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 13/04/2023Registered 20/04/2023
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 13/04/2023Registered 20/04/2023
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 05/10/2022Registered 05/10/2022
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 01/07/2020Registered 02/07/2020
Charge
satisfied

FUNDING 365 CAPITAL LIMITED

Created 30/08/2019Registered 02/09/2019Satisfied 18/10/2021
Charge
satisfied

FUNDING 365 CAPITAL LIMITED

Created 30/08/2019Registered 02/09/2019Satisfied 18/10/2021
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 20/05/2016Registered 23/05/2016

CompanyRankvs 5438+ SIC 55100 peers
38

Financial strength20th percentile among SIC peers · 5/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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5438Iqtech Ltd
48
How is this score calculated?
Financial strength5/25 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£9k

Balance sheet strength

Cash

£121k

Cash in the bank

Net Current Assets

-£349k

Working capital

Current Assets

£187k

Current Liabilities

£535k

Fixed Assets

£834k

7avg. employees

Tax at Year End

Corp tax£18k

Balance Sheet

Assets less current liabilities£485k
Signed by Mr Chikaodiri NWOSU 26/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.35+£0
20250.35-£54k
20240.50+£49k
20230.27+£18k
20220.02-£29k
20210.07-£30k
20200.13-£21k
20190.02+£27k
20180.02—

Derived from filed accounts. Not audited figures.