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Myidea Ltd

09272204

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

34 ALBATROSS WAY, CHELMSFORD, CM3 3FX
Incorporated 20/10/2014

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Abdul Ahad Talha Chowdhury

director · Since 20/10/2014

IT PROFESSIONAL

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Abdul Ahad Talha Chowdhury

75–100% shares

Bangladeshi · United Kingdom · Age 47

14, Bluebell Green, Chelmsford, CM1 6XF

Notified 16/11/2017

Former PSCs

Mr Nasraz Tangir Chowdhury

Ceased 16/11/2017

CompanyRankvs 86793+ SIC 62020 peers
41

Financial strength11th percentile among SIC peers · 3/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.52× · 6/20
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 strength3/25 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.

Liquidity6/20 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 31/10/2024

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£4k

Current Liabilities

£7k

1avg. employees

Tax at Year End(2019)

Corp tax£5k

Balance Sheet

Assets less current liabilities£4k
Signed by Mr Abdul Ahad Talha CHOWDHURY 28/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.52+£0
20230.52-£862
20220.75-£2k
20210.91
20191.22+£1k
20180.48

Derived from filed accounts. Not audited figures.