Tela Technology Limited
07974624
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
31/05/2025
full
Next accounts due
28/02/2027
Confirmation statement
Last: 09/01/2026
Due 23/01/2027
Industry
Officers
director · Since 05/04/2012
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 10 other boards
Persons with Significant Control
Mr Shez Sikandar Cheema
British · England · Age 56
4 Station Court, Old Station Road, Solihull, B92 0HA
Notified 01/06/2016
Charges5 outstanding
SANTANDER UK PLC
SANTANDER UK PLC
SANTANDER UK PLC (AS SECURITY TRUSTEE)
SHEHZADA SIKANDAR CHEEMA
SANTANDER UK PLC
LLOYDS TSB BANK PLC
ALAN O'BRIEN
CompanyRankvs 215+ SIC 61100 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con
Key FinancialsYear ending 31/05/2024
Turnover
£21.7M
Annual revenue
Net Worth
£750k
Balance sheet strength
Cash
£3.8M
Cash in the bank
Profit Before Tax
£972k
Bottom line earnings
Net Current Assets
£3.3M
Working capital
Current Assets
£10.1M
Current Liabilities
£6.8M
Fixed Assets
£5.4M
Debtors
£1.7M
Cost of Sales
£12.6M
Gross Profit
£9.1M
Admin Expenses
£6.9M
Operating Profit
£2.2M
Profit After Tax
£649k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.49 |
Derived from filed accounts. Not audited figures.