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Iotatech Limited

10361968

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

JUPITER HOUSE WARLEY HILL BUSINESS PARK, BRENTWOOD, CM13 3BE
Incorporated 07/09/2016

Compliance

Last accounts

30/06/2022

small

Next accounts due

28/12/2023

Overdue

Confirmation statement

Last: 06/09/2022

Due 20/09/2023

Overdue

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Michael William Sargeant

secretary · Since 07/09/2016

Mr Michael William Sargeant

director · Since 07/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 4 other boards

Robert Charles Thomson

director · Since 07/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Vincent James Harvey Mitchell

director · Since 05/01/2017

CERTIFIED CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 66

Also on 5 other boards

Mr Ahmad Mosa

director · Since 10/04/2017

CHIEF TECHNOLOGY OFFICER

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Ms Susan Balcombe

director · Since 16/11/2020

IT CONSULTANCY

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Persons with Significant Control

Former PSCs

Mr Michael William Sargeant

Ceased 11/06/2018

Robert Charles Thomson

Ceased 17/03/2017

Charges0 outstanding

Charge
satisfied

FINSTOCK CAPITAL LIMITED

Created 10/06/2022Registered 10/06/2022Satisfied 18/11/2022
Charge
satisfied

UBS AG LONDON BRANCH

Created 22/01/2021Registered 10/02/2021Satisfied 17/05/2022

Insolvency History2 cases

in administration

Glyn Mummery (practitioner) · Julie Humphrey (practitioner)

creditors voluntary liquidation23/04/2025

Glyn Mummery (practitioner) · Julie Humphrey (practitioner)

CompanyRankvs 15+ SIC 62012 peers
21

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2022

Net Worth

£5.4M

Balance sheet strength

Cash

£140k

Cash in the bank

Net Current Assets

-£992k

Working capital

Current Assets

£1.2M

Current Liabilities

£2.2M

Fixed Assets

£6.9M

Debtors

£1.1M

11avg. employees

Balance Sheet

Intangible assets£6.9M
Assets less current liabilities£5.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.55+£259k
20210.80

Derived from filed accounts. Not audited figures.