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Mindful Technologies Limited

08713172

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1310 SOLIHULL PARKWAY, BIRMINGHAM, B37 7YB
Incorporated 01/10/2013

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 09/02/2026

Due 23/02/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Venkata Penmetsa

secretary · Since 22/09/2017

Also on 1 other board

Mr Venkata Penmetsa

director · Since 26/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Venkata Penmetsa

75–100% shares

British · England · Age 47

1310, Solihull Parkway, Birmingham, B37 7YB

Notified 24/01/2024

Former PSCs

Mrs Chaitanya Indukuri

Ceased 15/07/2017

Mrs Madhavi Krishna Veni Padala

Ceased 24/01/2024

Mrs Madhavi Krishna Veni Padala

Ceased 15/08/2017

Mr Venkata Ramana Chittu

Ceased 24/01/2024

CompanyRankvs 74764+ SIC 62020 peers
42

Financial strength3th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.3× · 2/20
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 strength1/25 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£38k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£17k

Current Liabilities

£55k

Fixed Assets

£630

Debtors

£12k

2avg. employees

Balance Sheet

Assets less current liabilities-£38k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30-£52k
20243.03-£4k
20234.61

Derived from filed accounts. Not audited figures.