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Jv Tec Software Solutions Limited

08209532

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 14 CLEMENTS COURT, ILFORD, IG1 2QY
Incorporated 11/09/2012

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Venkatesh Jangam

director · Since 11/09/2012

SOFTWARE DEVELOPER

INDIAN · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Venkatesh Jangam

75–100% shares

Indian · England · Age 38

Unit 14, Clements Court, Ilford, IG1 2QY

Notified 11/09/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 08/06/2020Registered 16/06/2020

CompanyRankvs 29761+ SIC 62012 peers
40

Financial strength4th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£128k

Balance sheet strength

Cash

£335k

Cash in the bank

Net Current Assets

-£103k

Working capital

Current Assets

£827k

Current Liabilities

£930k

Fixed Assets

£3k

Debtors

£493k

5avg. employees-1

Balance Sheet

Assets less current liabilities-£100k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89-£56k
20241.08-£80k
20231.31+£12k
20221.88+£10k
20210.97-£21k
20201.45+£3k
20191.72-£3k
20181.34

Derived from filed accounts. Not audited figures.