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Dreams Technologies Limited

10032709

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

81 RANDALL DRIVE, HORNCHURCH, RM12 6TA
Incorporated 29/02/2016

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 27/02/2026

Due 13/03/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Leo Praveen Chelliah

director · Since 29/02/2016

IT CONSULTANT

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Persons with Significant Control

Mr Leo Praveen Chelliah

25–50% shares
25–50% votes

British · England · Age 43

81, Randall Drive, Hornchurch, RM12 6TA

Notified 06/04/2016

Mrs Jenefer Leo Praveen

25–50% shares
25–50% votes

Indian · England · Age 37

81, Randall Drive, Hornchurch, RM12 6TA

Notified 06/04/2016

Mr Vasanthakumar Ganesan

25–50% shares

British · England · Age 43

81, Randall Drive, Hornchurch, RM12 6TA

Notified 25/08/2020

CompanyRankvs 97101+ SIC 62020 peers
31

Financial strength8th percentile among SIC peers · 2/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
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.

Liquidity2/20 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

-£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£270

Current Liabilities

£11k

Fixed Assets

£757

0avg. employees

Balance Sheet

Assets less current liabilities-£9k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£0
20250.03-£3k
20240.58+£14k
20230.15

Derived from filed accounts. Not audited figures.