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Idol Technology Ltd

10292408

active
Private Limited Company
england wales
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

1 DERWENT BUSINESS CENTRE, DERBY, DE1 2BU
Incorporated 22/07/2016

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

59200
Sound recording and music publishing activities
62020
Information technology consultancy activities

Officers

Sabrina Rachel Gonsalkorale

secretary · Since 22/07/2016

Nishan Gonsalkorale

director · Since 22/07/2016

DIRECTOR

NEW ZEALANDER · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Nishan Gonsalkorale

25–50% shares
25–50% votes
Appoint directors

New Zealander · United Kingdom · Age 47

1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU

Notified 22/07/2016

Mrs Sabrina Rachel Gonsalkorale

25–50% shares
25–50% votes

British · England · Age 44

1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU

Notified 22/10/2021

CompanyRankvs 8290+ SIC 59200 peers
42

Financial strength13th percentile among SIC peers · 3/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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8290Idol Technology Ltd
41
How is this score calculated?
Financial strength3/25 pts

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

Employees12/15 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 31/07/2025

Net Worth

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£324

Current Liabilities

£7k

2avg. employees

Balance Sheet

Assets less current liabilities-£6k
Signed by Mr Nishan Gonsalkorale 26/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£0
20250.05-£3k
20240.32—
20231.15—
20220.61—
20211.33-£10k
20201.03+£13k
20190.09—
20180.70—

Derived from filed accounts. Not audited figures.