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Peerless It Solutions Limited

10002641

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

7 CHIGNAL ROAD, CHELMSFORD, CM1 2JA
Incorporated 12/02/2016

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 04/12/2025

Due 18/12/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Kalathil Manoj Kumar

secretary · Since 12/02/2016

Also on 2 other boards

Mr Kalathil Manoj Kumar

director · Since 12/02/2016

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Kalathil Manoj Kumar

75–100% shares

British · England · Age 50

7, Chignal Road, Chelmsford, CM1 2JA

Notified 10/02/2017

CompanyRankvs 56918+ SIC 62020 peers
71

Financial strength95th percentile among SIC peers · 24/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 20/20
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 strength24/25 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.

Liquidity20/20 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 28/02/2025

Net Worth

£272k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£221k

Working capital

Current Assets

£221k

Current Liabilities

£0

Fixed Assets

£51k

0avg. employees

Balance Sheet

Assets less current liabilities£272k

EstimatesDerived

YearCurrent RatioImplied Profit
2025Infinity-£3k
202419.45+£48k
202310.73+£77k
20224.73+£111k
2021-£217
20201.53+£13k
20191.41

Derived from filed accounts. Not audited figures.