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Placito Software Solutions Limited

08544273

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 24/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
85590
Other education

Officers

Mr Vamsikrishna Chaitanya Vellampalli

director · Since 18/10/2023

IT CONSULTANT

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Vamsikrishna Chaitanya Vellampalli

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

Indian · England · Age 44

124, City Road, London, EC1V 2NX

Notified 06/04/2016

CompanyRankvs 39435+ SIC 62012 peers
36

Financial strength6th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 30/06/2025

Net Worth

-£48k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

Current Liabilities

£42k

Fixed Assets

£7k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£35k
Signed by 1.7.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£14k
20240.00-£9k
20230.00-£40k
20227.15
20210.61
20202.05-£5k
20193.02

Derived from filed accounts. Not audited figures.