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Five Tech Limited

07267226

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 10 WOODFORD TRADING ESTATE, WOODFORD GREEN, IG8 8HF
Incorporated 27/05/2010

Compliance

Last accounts

31/08/2025

full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 28/03/2026

Due 11/04/2027

On track

Industry

47410
Retail sale of computers, peripheral units and software in specialised stores

Officers

Mr Muntizer Abbas Hussain

director · Since 20/12/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 8 other boards

Mr Syed Asad Abbas Hussain

director · Since 01/11/2019

BUSINESSMAN

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Nasar Abbas Syed Hussain

director · Since 15/02/2021

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Persons with Significant Control

Duaco Ltd

25–50% shares

51, Hainault Road, Chigwell, IG7 5DH

Notified 07/10/2025

Nexcom Ltd

25–50% shares

Unit 10 Woodford Trading Est, Southend Road, Woodford Green, IG8 8HF

Reg: 14755394 · England · Limited Company

Notified 07/10/2025

Kenshaw Ltd

25–50% shares

4, Onslow Square, London, SW7 3HU

Reg: 14739348 · England · Limited Company

Notified 07/10/2025

Former PSCs

Mr Muntizer Abbas Hussain

Ceased 07/10/2025

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 05/07/2024Registered 08/07/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 06/05/2020Registered 26/05/2020

CompanyRankvs 111+ SIC 47410 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.91× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/08/2024

Turnover

£29.6M

Annual revenue

Net Worth

£5.9M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

£557k

Bottom line earnings

Net Current Assets

£6.8M

Working capital

Current Assets

£14.3M

Current Liabilities

£7.5M

Fixed Assets

£559k

Debtors

£492k

Cost of Sales

£25.6M

Gross Profit

£4.0M

Admin Expenses

£2.2M

Operating Profit

£720k

Profit After Tax

£508k

45avg. employees

Tax at Year End

Corp tax£625k
Dividends paid£900k

People Costs

Wages & salaries£1.0M
NI contributions£91k

Balance Sheet

Bank loans & overdrafts£932k
Assets less current liabilities£7.4M
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.91

Derived from filed accounts. Not audited figures.