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Efficient Technology Ltd

08830384

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 03/01/2014

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 03/01/2026

Due 17/01/2027

On track

Industry

26400
Manufacture of consumer electronics
62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Hussein Jodiyawalla

director · Since 03/01/2014

MANAGER

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Hussein Jodiyawalla

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

British · United Kingdom · Age 44

71-75, Shelton Street, London, WC2H 9JQ

Notified 06/04/2016

CompanyRankvs 107+ SIC 26400 peers
66

Financial strength84th percentile among SIC peers · 21/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 4.71× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

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

Longevity12/15 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

reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted. - 5 - Efficient Technology Ltd Notes to the Accounts for the year ended 31 January 2025 Going concern The management has assessed the company's ability to continue as a going concern for the foreseeable future, typically at least twelve months from the date of the financial statemen

Key FinancialsYear ending 31/01/2025

Net Worth

£57k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£95k

Working capital

Current Assets

£120k

Current Liabilities

£26k

Fixed Assets

£1k

Debtors

£11k

1avg. employees

Balance Sheet

Bank loans & overdrafts£39k
Assets less current liabilities£96k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20254.71+£5k
202446.94+£27k
202324.23+£59k
202226.78+£29k
20211.07-£25k
20200.12-£36k
20190.90

Derived from filed accounts. Not audited figures.