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Forti5 Technologies (Pvt) Ltd

10338919

active
Private Limited Company
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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 19/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
82990
Other business support service activities

Officers

Mr Thanuja Nishendra Bandara Dissanayake Dissanayake Mudiyanselage

director · Since 19/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Carl Wills

director · Since 03/02/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Dr Gary Brian Wills

director · Since 17/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Thanuja Nishendra Bandara Dissanayake Dissanayake Mudiyanselage

25–50% shares
25–50% votes

British · England · Age 46

124, City Road, London, EC1V 2NX

Notified 19/08/2016

Gary Brian Wills

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

British · United Kingdom · Age 63

2, Venture Road, Chilworth, SO16 7NP

Notified 19/08/2016

Former PSCs

Yasmin Dayani Jayasinghe

Ceased 20/12/2018

Dr Christopher Adetunji

Ceased 06/04/2021

CompanyRankvs 56440+ SIC 62020 peers
52

Financial strength15th percentile among SIC peers · 4/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.09× · 12/20
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 strength4/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/08/2024

Net Worth

-£366

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£43k

Current Liabilities

£39k

Fixed Assets

£209

Debtors

£23k

2avg. employees+2

Tax at Year End

VAT£9k

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities£4k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.09£174k
20230.98+£11k
20220.41+£1k
20210.38

Derived from filed accounts. Not audited figures.