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Rade Technologies Ltd

07446131

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

31 PENNY BROOKES STREET, LONDON, E15 1GP
Incorporated 22/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62030
Computer facilities management activities
62090
Other information technology service activities

Officers

Mr Raghava Bezwada

director · Since 22/11/2010

IT CONSULTANT

INDIAN · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Raghava Bezwada

25–50% shares
25–50% votes

Indian · United Kingdom · Age 42

45, Beaton Drive, Broxburn, EH52 6FS

Notified 01/04/2021

Former PSCs

Mr Raghava Bezwada

Ceased 01/04/2020

Naga Deepthi Maddula

Ceased 04/05/2026

CompanyRankvs 9302+ SIC 62012 peers
70

Financial strength78th percentile among SIC peers · 20/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 12.87× · 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 strength20/25 pts

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

Employees0/15 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 30/11/2024

Net Worth

£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£42k

Current Liabilities

£3k

Balance Sheet

Assets less current liabilities£38k
Signed by Raghava Bezwada 11 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202412.87-£3k
20238.05-£10k
20227.43-£12k
20217.56-£5k
2020-£21k
201910.34-£9k
20186.13

Derived from filed accounts. Not audited figures.