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Paramsoft Solutions Limited

06980195

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)
  • Current liabilities exceed current assets (-10)

Details

7 CHARISSE GARDENS, MILTON KEYNES, MK4 4JN
Incorporated 04/08/2009

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 22/07/2025

Due 05/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Gandhimathy Sowriharan

secretary · Since 04/08/2009

INDIAN · UNITED KINGDOM · Age 50

Also on 1 other board

Mr Sowriharan Manoharan

director · Since 04/08/2009

IT CONSULTANT

INDIAN · ENGLAND · Age 57

Gandhimathy Sowriharan

director · Since 04/08/2009

MANAGEMENT ACCOUNTANT

INDIAN · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Sowriharan Manoharan

75–100% shares

Indian · England · Age 57

7, Charisse Gardens, Milton Keynes, MK4 4JN

Notified 06/04/2016

CompanyRankvs 1444+ SIC 62012 peers
84

Financial strength85th percentile among SIC peers · 21/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.87× · 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 strength21/25 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 31/08/2024

Net Worth

£82k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£108k

Current Liabilities

£28k

Fixed Assets

£17k

Debtors

£100k

3avg. employees

Balance Sheet

Assets less current liabilities£97k

EstimatesDerived

YearCurrent RatioImplied Profit
20243.87+£13k
20234.96+£7k
20222.08+£6k
20212.09-£45k
20203.68-£44k
20195.63+£31k
20185.27

Derived from filed accounts. Not audited figures.