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Vinformax Systems Limited

08692622

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)
  • Going concern doubt noted in accounts (-10)

Details

WESTGATE CHAMBERS, PINNER, HA5 3LA
Incorporated 16/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62090
Other information technology service activities

Officers

Premchander Rajan

director · Since 16/09/2013

MANAGING DIRECTOR

INDIAN · INDIA · Age 57

Mr Sridhar Subramanian

director · Since 04/06/2015

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Sridhar Subramanian

Significant control

British · England · Age 53

8a, Elm Park Road, Pinner, HA5 3LA

Notified 06/04/2016

Mr Premchander Rajan

50–75% shares
50–75% votes
Appoint directors
Significant control

Indian · India · Age 57

Westgate Chambers, 8a Elm Park Road, Pinner, HA5 3LA

Notified 01/09/2016

CompanyRankvs 4256+ SIC 58290 peers
31

Financial strength0th percentile among SIC peers · 0/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees11/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements. The director acknowledge s however that there is a material uncertainty related to the above, particularly in the current climate, which may

Key FinancialsYear ending 31/03/2025

Net Worth

-£5.8M

Balance sheet strength

Cash

£44k

Cash in the bank

Net Current Assets

-£131k

Working capital

Current Assets

£45k

Current Liabilities

£177k

Fixed Assets

£22k

Debtors

£2k

2avg. employees

Balance Sheet

Intangible assets£1
Assets less current liabilities-£110k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26+£0
20240.26+£0
20230.26-£1.7M
20220.04-£240k
20210.06-£274k
20200.11-£1.3M
20190.49-£756k
20181.47—

Derived from filed accounts. Not audited figures.