Avatech (London) Ltd
08858244
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/01/2014
IT CONSULTANT
BRITISH · UNITED KINGDOM · Age 40
Also on 2 other boards
CompanyRankvs 37768+ SIC 62090 peers45
Show leaderboard
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 31/01/2025
Net Worth
-£50k
Balance sheet strength
Cash
-£6k
Cash in the bank
Net Current Assets
-£16k
Working capital
Current Assets
£74k
Current Liabilities
£90k
Fixed Assets
£1k
Debtors
£80k
Tax at Year End
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.83 | -£3k | £472k |
| 2024 | 0.91 | -£13k | £222k |
| 2023 | 1.46 | +£160 | £100k |
| 2022 | 1.28 | -£9k | £127k |
| 2021 | 1.45 | — | £84k |
| 2020 | 0.95 | — | £30k |
| 2019 | 1.40 | — | £193k |
Derived from filed accounts. Not audited figures.