Shivastech Ltd
09790474
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/09/2015
IT CONSULTANT
BRITISH · UNITED KINGDOM · Age 49
Persons with Significant Control
Mr Shiva Shankar Srinivasa Rao Borra
British · United Kingdom · Age 49
8, Empire Close, London, SE7 7FL
Notified 06/04/2016
CompanyRankvs 93032+ SIC 62020 peers38
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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 31/08/2024
Net Worth
-£33k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£882
Working capital
Current Assets
£1k
Current Liabilities
£2k
Fixed Assets
£171
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.55 | -£64k |
| 2023 | 1.22 | +£9k |
| 2022 | 1.62 | +£17k |
| 2021 | 48.35 | — |
Derived from filed accounts. Not audited figures.