Illy Systems Limited
08673130
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
unaudited abridged
Next accounts due
31/05/2027
Confirmation statement
Last: 12/10/2025
Due 26/10/2026
Industry
Officers
director · Since 03/09/2013
COMPUTER CONSULTANT
BRITISH · ENGLAND · Age 63
Also on 1 other board
director · Since 03/09/2013
COMPUTER CONSULTANT
BRITISH · ENGLAND · Age 61
Also on 2 other boards
Persons with Significant Control
Mrs Varsha Visavadia
British · England · Age 61
11, Hoxton Square, London, N1 6NU
Notified 06/04/2016
Mr Dinesh Visavadia
British · England · Age 63
11, Hoxton Square, London, N1 6NU
Notified 06/04/2016
CompanyRankvs 103+ SIC 58290 peers88
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2024
Net Worth
£1.9M
Balance sheet strength
Cash
£2.5M
Cash in the bank
Net Current Assets
£1.9M
Working capital
Current Assets
£2.6M
Current Liabilities
£781k
Fixed Assets
£4k
Debtors
£136k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.37 | +£464k |
| 2023 | 3.14 | — |
Derived from filed accounts. Not audited figures.