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Crmit Solutions Limited

07861335

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

6TH FLOOR, LONDON, EC2A 2AP
Incorporated 25/11/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Vinod Narapareddy

director · Since 25/11/2011

BUSINESSMAN

AMERICAN · INDIA · Age 56

Persons with Significant Control

Shalini Narapareddy

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

Indian · India · Age 51

No.14, Bhavika, 30th Main Btm Layout, Bangalore, 560076

Notified 06/04/2016

CompanyRankvs 27135+ SIC 62020 peers
57

Financial strength60th percentile among SIC peers · 15/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.64× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees2/15 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.

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

future. The directors are not aware of any likely events, conditions or business risks beyond this period that may cast significant doubt on the company's ability to continue as a going concern. Accordingly, the directors have reviewed the financial forecast and cash flow projections for the next 12 months from the date of approval of the financial statements and based on this,

Key FinancialsYear ending 31/03/2025

Net Worth

£10k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£34k

Current Liabilities

£13k

Debtors

£2k

Profit After Tax

£919

0avg. employees

Tax at Year End(2024)

Corp tax£973
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.64+£0
20252.64+£0
20242.27+£0
20231.47+£0
20210.89+£0
20200.84

Derived from filed accounts. Not audited figures.