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Torquelogic Ltd

08049120

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

3RD FLOOR, LONDON, W1B 3HH
Incorporated 27/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Ravi Puri

director · Since 27/04/2012

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Ravi Puri

75–100% shares

British · England · Age 44

3rd, Floor, London, W1B 3HH

Notified 06/04/2016

CompanyRankvs 20710+ SIC 62012 peers
58

Financial strength85th percentile among SIC peers · 21/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio -36.14× · 2/20
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.

Employees6/15 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.

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 30/06/2024

Net Worth

£80k

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£78k

Current Liabilities

-£2k

Debtors

£3k

1avg. employees

Tax at Year End(2018)

Corp tax£19k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202436.14-£4k
202348.07-£2k
202249.55-£5k
202156.35-£81k
202016.12+£10k
20197.64+£51k
20185.74

Derived from filed accounts. Not audited figures.