Back to search

Future Technology Resources Ltd

10763912

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

37 RIDGEWAY ROAD, NEWTON ABBOT, TQ12 4LS
Incorporated 10/05/2017

Compliance

Last accounts

31/05/2022

total exemption full

Next accounts due

29/02/2024

Overdue

Confirmation statement

Last: 01/09/2022

Due 15/09/2023

Overdue

Industry

85600
Educational support services

Officers

Mr Somesh Selvachandran

director · Since 10/05/2017

CONSULTANT

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mr Dominic John Keen

director · Since 03/11/2017

CONSULTANT

BRITISH · UNITED KINGDOM · Age 49

Also on 20 other boards

CompanyRankvs 6848+ SIC 85600 peers
60

Financial strength93th percentile among SIC peers · 23/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 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.

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.

Longevity9/15 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 31/05/2022

Net Worth

£84k

Balance sheet strength

Cash

£46

Cash in the bank

Net Current Assets

-£131k

Working capital

Current Assets

£46

Current Liabilities

£131k

Fixed Assets

£344k

Debtors

£8k

2avg. employees

Balance Sheet

Intangible assets£344k
Assets less current liabilities£214k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20220.00-£15k
20210.09+£0
20200.09+£90k
20190.21-£41k
20180.08

Derived from filed accounts. Not audited figures.