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Muktha Ltd

08245882

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

11 CHARLES JEFFREYS PLACE, CHELMSFORD, CM1 6HW
Incorporated 09/10/2012

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 29/12/2025

Due 12/01/2027

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
70229
Management consultancy activities
71122
Engineering related scientific and technical consulting activities

Officers

Mr Madhusudhana Ibbidu Prasannna Kumar

director · Since 02/04/2022

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Madhusudhana Ibbidu Prasannna Kumar

25–50% shares
75–100% votes
Appoint directors

Indian · England · Age 45

11, Charles Jeffreys Place, Chelmsford, CM1 6HW

Notified 06/04/2016

Ms Shwetha Subramanya Bhat

25–50% shares

British · England · Age 39

11, Charles Jeffreys Place, Chelmsford, CM1 6HW

Notified 28/02/2022

CompanyRankvs 39405+ SIC 62012 peers
41

Financial strength11th percentile among SIC peers · 3/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1× · 6/20
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 strength3/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£20

Working capital

Current Assets

£11k

Current Liabilities

£11k

Fixed Assets

£611

0avg. employees

Balance Sheet

Assets less current liabilities£591
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00-£994
20233.08-£4k
20226.15-£13k
202141.62+£874
20203.51+£7k
20190.92-£7k
20181.39

Derived from filed accounts. Not audited figures.