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K T I Systems Limited

07695006

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

72 OTLEY DRIVE, ILFORD, IG2 6QN
Incorporated 06/07/2011

Compliance

Last accounts

31/07/2024

unaudited abridged

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 06/05/2026

Due 20/05/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Ravikanth Tadikonda

director · Since 06/07/2011

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mrs Nagaprashanti Tadikonda

director · Since 27/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Ravikanth Tadikonda

Significant control

British · England · Age 54

72, Otley Drive, Ilford, IG2 6QN

Notified 06/04/2016

Mrs Nagaprashanti Tadikonda

25–50% shares

British · England · Age 49

72, Otley Drive, Ilford, IG2 6QN

Notified 01/02/2026

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/09/2018Registered 25/09/2018

CompanyRankvs 43044+ SIC 62020 peers
49

Financial strength65th percentile among SIC peers · 16/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

£16k

Balance sheet strength

Cash

£439

Cash in the bank

Net Current Assets

£119k

Working capital

Current Assets

£38k

Current Liabilities

£157k

Fixed Assets

£193k

Debtors

£38k

2avg. employees

Tax at Year End(2023)

Corp tax£17k
VAT£82k

Balance Sheet

Assets less current liabilities£73k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.24+£10k
20230.11-£33k£1.6M
20220.55+£24k£2.0M
20211.32-£9k
20201.34+£12k
20191.32+£6k
20181.05

Derived from filed accounts. Not audited figures.