Mastek Systems Company Ltd
07559069
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 05/04/2026
Due 19/04/2027
Industry
Officers
secretary · Since 09/08/2023
director · Since 21/09/2023
PRESIDENT
INDIAN · ENGLAND · Age 47
Also on 2 other boards
Persons with Significant Control
Mastek Enterprise Solutions Private Limited (India)
804/805 President House, Opp C N Vidyalaya, Ahmedabad
Reg: U51505gj1999ptc112745 · Registrar Of Companies, Ahmedabad · Private Limited Company
Notified 01/02/2020
Former PSCs
Evolutionary Systems Pvt Limited
Ceased 20/05/2022
Mastek Limited
Ceased 12/05/2025
CompanyRankvs 3694+ SIC 62020 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
or ● the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The other information comprises the information in
Key FinancialsYear ending 31/03/2020
Turnover
£18.9M
Annual revenue
Net Worth
£5.6M
Balance sheet strength
Cash
£4.4M
Cash in the bank
Profit Before Tax
£3.1M
Bottom line earnings
Net Current Assets
£5.5M
Working capital
Current Assets
£11.5M
Current Liabilities
£5.9M
Fixed Assets
£20k
Debtors
£7.1M
Cost of Sales
£10.9M
Gross Profit
£8.0M
Admin Expenses
£5.0M
Operating Profit
£3.1M
Profit After Tax
£2.5M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 1.94 |
Derived from filed accounts. Not audited figures.