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Axolt Ltd

06789721

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

SPACES WATERSIDE DRIVE, READING, RG7 4SA
Incorporated 13/01/2009

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/11/2025

Due 02/12/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Fareed Baig

director · Since 13/01/2009

IT PROFESSIONAL

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mrs Qurrat Ul Ain

director · Since 13/01/2009

IT PROFESSIONAL

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Fareed Baig

25–50% shares

Indian · England · Age 45

Spaces, Waterside Drive, Reading, RG7 4SA

Notified 06/04/2016

Qurrat Ul Ain

25–50% shares

British · England · Age 44

Spaces, Waterside Drive, Reading, RG7 4SA

Notified 06/04/2016

CompanyRankvs 915+ SIC 62020 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.57× · 20/20
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 strength24/25 pts

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

Employees14/15 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 31/12/2024

Net Worth

£433k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£240k

Working capital

Current Assets

£307k

Current Liabilities

£67k

Fixed Assets

£211k

3avg. employees

Balance Sheet

Assets less current liabilities£450k
Signed by Mr Fareed Baig 19/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.57-£11k
20234.34+£142k
20213.03+£111k
20205.31+£58k
201977.67+£175k
2018-1.40

Derived from filed accounts. Not audited figures.