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Param Technologies Limited

08208873

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

51 HERENT DRIVE, ILFORD, IG5 0HE
Incorporated 10/09/2012

Compliance

Last accounts

30/09/2025

micro entity

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Sridhar Jakkula

director · Since 10/09/2012

IT CONSULTANT

BRITISH · ENGLAND · Age 47

Mrs Shilpa Vennavalli

director · Since 01/05/2016

DIRECTOR

INDIAN · ENGLAND · Age 46

Persons with Significant Control

Mr Sridhar Jakkula

50–75% shares

Indian · England · Age 47

51, Herent Drive, Ilford, IG5 0HE

Notified 06/04/2016

CompanyRankvs 3234+ SIC 62090 peers
82

Financial strength76th percentile among SIC peers · 19/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.32× · 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 strength19/25 pts

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

Employees14/15 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 30/09/2025

Net Worth

£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£53k

Current Liabilities

£23k

Fixed Assets

£709

5avg. employees+2

Balance Sheet

Assets less current liabilities£31k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.32-£5k
20246.22-£20k
20232.39+£41k
20221.26+£10k
20211.18+£2k
20201.07+£422
20191.13

Derived from filed accounts. Not audited figures.