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Accordion Technology Limited

10173420

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)
  • Current liabilities exceed current assets (-10)

Details

353 BUCKINGHAM AVENUE, SLOUGH, SL1 4PF
Incorporated 10/05/2016

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/05/2025

Due 23/05/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Srinivas Prabhala

director · Since 12/07/2016

DIRECTOR

INDIAN · UNITED KINGDOM · Age 50

Also on 1 other board

Mr Andrew Patrick James Lennon

director · Since 04/05/2021

ACCOUNTANT

BRITISH · ENGLAND · Age 61

Also on 10 other boards

Persons with Significant Control

Atcore Technology Group Limited

25–50% shares
25–50% votes

353, Buckingham Avenue, Slough

Notified 12/07/2016

Mr Srinivas Prabhala

50–75% votes
voting-rights-50-to-75-percent-as-firm

Indian · England · Age 50

353, Buckingham Avenue, Slough, SL1 4PF

Notified 12/07/2016

CompanyRankvs 13911+ SIC 62090 peers
67

Financial strength86th percentile among SIC peers · 22/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 2.26× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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13911Accordion Technology Limited
67
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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 30/04/2019

Net Worth

£102k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£100k

Working capital

Current Assets

£180k

Current Liabilities

£80k

Fixed Assets

£1k

Balance Sheet

Assets less current liabilities£102k

EstimatesDerived

YearCurrent RatioImplied Profit
20192.26+£54k
20183.10—

Derived from filed accounts. Not audited figures.