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42gears Mobility Systems (Uk) Limited

10855306

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

202 ANVIC,49 PICCADILLY HOUSE, MANCHESTER, M1 2AP
Incorporated 07/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Prakash Gupta

director · Since 07/07/2017

CTO

INDIAN · INDIA · Age 43

Onkar Singh Parhar

director · Since 07/07/2017

CEO

INDIAN · UNITED STATES · Age 49

Persons with Significant Control

Onkar Singh Parhar

50–75% shares
50–75% votes
Appoint directors

Indian · United States · Age 49

202 Anvic,49 Piccadilly House, Piccadilly, Manchester, M1 2AP

Notified 07/07/2017

Mr Prakash Gupta

25–50% shares
25–50% votes

Indian · India · Age 43

201, 49 Piccadilly House, Piccadilly, Manchester, M1 2AP

Notified 31/08/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 23/02/2026Registered 24/02/2026

CompanyRankvs 75162+ SIC 62020 peers
25

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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7516242gears Mobility Systems (Uk) Limited
41
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.

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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

of Ireland and the Companies Act 2006 . The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. Going concern The directors have considered the Company's ability to continue as a going concern for a period of at least twelve months from the date of approval of these financial statements. In performing t

Key FinancialsYear ending 31/03/2026

Net Worth

-£1.8M

Balance sheet strength

Cash

£236k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£2.1M

Current Liabilities

£3.5M

Fixed Assets

£1.0M

Debtors

£1.9M

12avg. employees+6

Balance Sheet

Bank loans & overdrafts£48k
Assets less current liabilities-£386k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20260.61-£1.9M
20223.80+£29k
20213.23—

Derived from filed accounts. Not audited figures.