Telasys Ltd
09975808
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 27/01/2026
Due 10/02/2027
Industry
Officers
Former
director · Resigned 06/02/2017
Persons with Significant Control
Mr Craig John Matthews-Clark
British · Wales · Age 38
Regus House, Malthouse Avenue, Cardiff, CF23 8RU
Notified 27/01/2017
Mr Lee Gardner Bennett
British · Wales · Age 38
Telasys Ltd, Regus House, Malthouse Avenue, Cardiff Gate Business Park, Pontprennau, Cardiff, CF23 8RU
Notified 05/06/2018
Change History
Active
Private Limited Company
REGUS HOUSE MALTHOUSE AVENUE
CARDIFF
CompanyRankvs 1238+ SIC 61900 peers68
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Basis of preparation The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The directors have assessed whether there are any material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accou
Key FinancialsYear ending 31/03/2025
Net Worth
£298k
Balance sheet strength
Cash
£70k
Cash in the bank
Net Current Assets
£242k
Working capital
Current Assets
£535k
Current Liabilities
£293k
Fixed Assets
£76k
Debtors
£258k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.83 | -£355k |
| 2024 | 2.23 | +£16k |
| 2023 | 2.05 | +£327k |
| 2022 | 2.10 | -£16k |
| 2021 | 2.57 | — |
Derived from filed accounts. Not audited figures.