Addionics Limited
10704570
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Dr Tal Cohen
director · Since 28/06/2026
ISRAELI · ISRAEL · Age 61
Former
director · Resigned 28/06/2026
Persons with Significant Control
Former PSCs
Dr Moshiel Biton
Ceased 28/01/2020
Dr Vladimir Yufit
Ceased 28/01/2020
Dr Farid Tariq
Ceased 28/01/2020
Charges0 outstanding
HSBC INNOVATION BANKING
SILICON VALLEY BANK
CompanyRankvs 7272+ SIC 74909 peers65
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
£15k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£3.4M
Current Liabilities
£478k
Profit After Tax
-£15.2M
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.12 | -£24.3M |
| 2023 | 61.46 | +£152k |
| 2022 | 121.07 | +£1.2M |
| 2021 | 313.24 | — |
Derived from filed accounts. Not audited figures.