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Joytech Limited

08900640

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

34 CHESTNUT DRIVE, BIRMINGHAM, B24 0DP
Incorporated 18/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Kevin Anthony Joy

director · Since 18/02/2014

SOFTWARE DEVELOPER

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Kevin Anthony Joy

75–100% shares

British · United Kingdom · Age 41

18 Lyndon Road, Stechford, Birmingham, B33 8BX

Notified 06/04/2016

CompanyRankvs 60561+ SIC 62020 peers
49

Financial strength59th percentile among SIC peers · 15/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees5/15 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.

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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£1k

Current Liabilities

£13k

Fixed Assets

£21k

1avg. employees

Balance Sheet

Assets less current liabilities£9k
Signed by Kevin Joy Date of approval: 17/02/2026 The company was trading for the entire period

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£0
20250.09-£2k
20240.52-£12k
20231.33-£6k
20221.56-£5k
20212.10+£7k
20201.93+£10k
20191.69

Derived from filed accounts. Not audited figures.