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Indoraise Technologies Limited

10471208

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

5 RED HOUSE CLOSE, READING, RG6 4XB
Incorporated 09/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mrs Asha Jonnalagadda

secretary · Since 09/11/2016

Mr Venkateswara Rao Dandamudi

director · Since 09/11/2016

IT CONSULTANT

BRITISH · ENGLAND · Age 49

CompanyRankvs 94191+ SIC 62020 peers
38

Financial strength6th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.77× · 6/20
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 strength2/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£14k

Balance sheet strength

Cash

£68

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£25k

Current Liabilities

£33k

Fixed Assets

£466

Debtors

£25k

1avg. employees

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities-£7k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.77+£11k
20230.01-£11k
20221.21-£15k
20214.78-£857
20201.00+£325
20191.01+£168
20181.02

Derived from filed accounts. Not audited figures.