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Balam It Limited

07632458

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

7 BODMIN ROAD, CHELMSFORD, CM1 6LH
Incorporated 12/05/2011

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 05/05/2025

Due 19/05/2026

Overdue

Industry

62020
Information technology consultancy activities

Officers

Mr Senthil Kumar Veeraiah Thevar Ganesan

director · Since 12/05/2011

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Senthil Kumar Veeraiah Thevar Ganesan

75–100% shares

British · England · Age 46

7, Bodmin Road, Chelmsford, CM1 6LH

Notified 06/04/2016

CompanyRankvs 39070+ SIC 62020 peers
60

Financial strength91th percentile among SIC peers · 23/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.46× · 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 strength23/25 pts

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

Employees5/15 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 31/05/2025

Net Worth

£151k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£42k

Current Liabilities

£91k

Fixed Assets

£255k

1avg. employees

Tax at Year End

Corp tax£928

Balance Sheet

Assets less current liabilities£206k
Signed by Mr Senthil Kumar VEERAIAH THEVAR GANESAN 09/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.46-£96k
202471.03-£13k
202315.77+£49k
202261.82-£40k
202191.75-£28k£103k
20208.87+£45k£103k
20195.45£59k
20184.21

Derived from filed accounts. Not audited figures.