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Fortuvis Systems Limited

07785710

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

25 ST. PETERS AVENUE, READING, RG4 7DD
Incorporated 23/09/2011

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 07/09/2025

Due 21/09/2026

On track

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Ashwin Prrabu

director · Since 23/09/2011

IT CONTRACTING

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Ashwin Prrabu

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

British · United Kingdom · Age 45

37, The Willows, Reading, RG4 8BD

Notified 06/04/2016

Former PSCs

Mrs Brindha Rathinavelu

Ceased 24/02/2020

Mrs Brindha Rathinavelu

Ceased 05/12/2022

CompanyRankvs 2142+ SIC 74909 peers
84

Financial strength95th percentile among SIC peers · 24/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.57× · 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 strength24/25 pts

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

Employees10/15 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 30/09/2024

Net Worth

£422k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£422k

Working capital

Current Assets

£498k

Current Liabilities

£76k

Fixed Assets

£51

2avg. employees-1

Balance Sheet

Assets less current liabilities£422k
Signed by Ashwin Prabhu Date of approval: 24/08/2025 The company was trading for the entire period

EstimatesDerived

YearCurrent RatioImplied Profit
20246.57+£28k
20237.64+£138k
20225.12+£111k
20213.31+£109k
20201.68-£4k
20192.11+£22k
20181.66

Derived from filed accounts. Not audited figures.