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Credas Technologies Ltd.

10429398

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

MAYFIELD HOUSE, ILKLEY, LS29 8FL
Incorporated 14/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61100
Wired telecommunications activities
61200
Wireless telecommunications activities
62012
Business and domestic software development
63120
Web portals

Officers

Ms Nicola Jane Gifford

secretary · Since 08/01/2026

Mr Philip Joseph Cotter

director · Since 08/01/2026

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Mrs Joanne Jones

director · Since 08/01/2026

BRITISH · UNITED KINGDOM · Age 48

Also on 7 other boards

Persons with Significant Control

Solace Bidco

75–100% shares

Mayfield House, Lower Railway Road, Ilkley, LS29 8FL

Reg: 15366592 · Companies House · Limited Company

Notified 08/01/2026

Former PSCs

Frs Contractor Solutions Ltd.

Ceased 13/10/2017

Indigo Service Solutions Limited

Ceased 30/09/2022

Icf Holdings Limited

Ceased 02/11/2023

Dye & Durham (Uk) Holdings Limited

Ceased 08/01/2026

Charges0 outstanding

Charge
satisfied

RBS INVOICE FINANCE LTD

Created 23/08/2022Registered 24/08/2022Satisfied 08/04/2024

CompanyRankvs 2155+ SIC 61100 peers
42

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.2× · 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 strength0/25 pts

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

Employees15/15 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 30/09/2023

Net Worth

-£3.1M

Balance sheet strength

Cash

£83k

Cash in the bank

Net Current Assets

-£5.5M

Working capital

Current Assets

£1.3M

Current Liabilities

£6.8M

Fixed Assets

£2.9M

Debtors

£1.3M

Profit After Tax

-£620k

40avg. employees-2

Balance Sheet

Intangible assets£2.9M
Assets less current liabilities-£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.20-£420k
20220.15-£620k
20210.22
20200.22
20190.25

Derived from filed accounts. Not audited figures.