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Pravas Systems Limited

07941941

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

450 BROOK DRIVE, READING, RG2 6UU
Incorporated 08/02/2012

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 03/06/2025

Due 17/06/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Srinivasarao Vasireddi

director · Since 08/02/2012

IT CONSULTANT

BRITISH · ENGLAND · Age 44

Mrs Prasanthi Chirumamilla

director · Since 27/04/2026

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mrs Prasanthi Chirumamilla

Significant control

British · England · Age 36

450, Brook Drive, Reading, RG2 6UU

Notified 08/02/2017

Mr Srinivasarao Vasireddi

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

British · England · Age 44

450, Brook Drive, Reading, RG2 6UU

Notified 07/05/2026

Former PSCs

Mr Srinivasa Rao Vasireddi

Ceased 07/05/2026

CompanyRankvs 4459+ SIC 62020 peers
81

Financial strength84th percentile among SIC peers · 21/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.65× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

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.

Longevity14/15 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 28/02/2025

Net Worth

£71k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£86k

Current Liabilities

£15k

Debtors

£83k

2avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20255.65+£12k
20244.74-£15k
20234.14+£41k
20222.57+£30k
20211.05+£2k
20200.73-£2k
20190.99

Derived from filed accounts. Not audited figures.