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Iconic Systems Limited

09168627

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

HOCKLEY TERRACE BRANSTON COURT, BIRMINGHAM, B18 6BA
Incorporated 11/08/2014

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/07/2025

Due 05/08/2026

On track

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Radha Krishna Chaparala

director · Since 11/08/2014

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 3 other boards

Persons with Significant Control

Mr Radha Chaparala

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 37

Hockley Terrace, Branston Court, Birmingham, B18 6BA

Notified 11/08/2016

CompanyRankvs 97964+ SIC 62020 peers
32

Financial strength4th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
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 strength1/25 pts

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

Employees2/15 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 31/12/2024

Net Worth

-£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£2k

Current Liabilities

£22k

0avg. employees

Balance Sheet

Assets less current liabilities-£20k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£12k
20230.55+£50k
20220.29-£6k
20210.21-£6k
2020-£12k
20190.51+£4k

Derived from filed accounts. Not audited figures.