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Idax Solutions Ltd

08424417

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 3 MIDDLESEX HOUSE, STEVENAGE, SG1 2EF
Incorporated 28/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Mark Rodbert

director · Since 01/01/2014

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Persons with Significant Control

Mr Mark Rodbert

75–100% shares

British · United Kingdom · Age 64

Swains Cottage, Petersfield Road, Liss, GU33 6HA

Notified 06/04/2016

Former PSCs

Mr Toby Jonathan Priestly

Ceased 22/11/2021

Mr Grant Clinton Ford

Ceased 22/11/2021

Mr Rajen Maganlel Raithatha

Ceased 22/11/2021

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 31/10/2019Registered 31/10/2019

CompanyRankvs 31021+ SIC 62012 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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31021Idax Solutions Ltd
44
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.

Employees13/15 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.

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 31/12/2024

Net Worth

-£296k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£292k

Working capital

Current Assets

£21k

Current Liabilities

£313k

Fixed Assets

£23k

Debtors

£17k

3avg. employees-1

Balance Sheet

Intangible assets£19k
Assets less current liabilities-£268k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£254k
20230.17—

Derived from filed accounts. Not audited figures.