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Digg It Solutions Limited

07385107

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)
  • Negative net worth (-10)

Details

1 BAILY PLACE, BRISTOL, BS16 1BG
Incorporated 23/09/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Praveen Arsada

director · Since 23/09/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Praveen Arsada

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 45

1, Baily Place, Bristol, BS16 1BG

Notified 23/09/2016

Former PSCs

Mrs Sangeetha Paramasivan

Ceased 14/09/2021

CompanyRankvs 70132+ SIC 62020 peers
44

Financial strength2th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.11× · 2/20
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 strength1/25 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£73k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£9k

Current Liabilities

£79k

2avg. employees

Balance Sheet

Assets less current liabilities-£70k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11-£5k
20230.08-£21k
20220.19-£31k
20210.65-£18k
20201.46-£2k
20191.53-£2k
20181.69

Derived from filed accounts. Not audited figures.