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Sparsh Tech Solutions Limited

09942288

active
Private Limited Company
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

26 COPENHAGEN RISE, READING, RG7 1YT
Incorporated 08/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Pradeep Kumar Podishetty

director · Since 08/01/2016

SOFTWARE ENGINEER

INDIAN · ENGLAND · Age 47

Persons with Significant Control

Mr Pradeep Kumar Podishetty

75–100% shares

Indian · United Kingdom · Age 47

26, Copenhagen Rise, Spencers Wood, RG7 1YT

Notified 06/01/2017

CompanyRankvs 98211+ SIC 62020 peers
35

Financial strength7th percentile among SIC peers · 2/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity10/15 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 31/01/2025

Net Worth

-£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£44k

Current Liabilities

£55k

0avg. employees

Balance Sheet

Assets less current liabilities£44k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80-£29k
2024-£44k
202312.39+£35k
2022-£14k
2021121.64-£29k
20202.99+£37k
20193.07

Derived from filed accounts. Not audited figures.