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Spot2it Limited

10887559

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Branston Court, Branston Street, Birmingham, B18 6BA
Incorporated 27/07/2017

Previously known as

Perks At Work Limited · until 04/07/2019

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/07/2025

Due 09/08/2026

On track

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Sunil Kumar Vellanki

director · Since 27/07/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 6 other boards

Sunil Kumar Vellanki

director · Since 27/07/2017

British · England · Age 38

Persons with Significant Control

Mr Sunil Kumar Vellanki

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-trust
significant-influence-or-control-as-trust

British · England · Age 38

Branston Court, Branston Street, Birmingham, B18 6BA

Notified 27/07/2017

Change History

type → ltd
2026-06-13

Private Limited Company

status → active
2026-06-13

Active

address line1 → Branston Court
2026-06-13

BRANSTON COURT

post town → Birmingham
2026-06-13

BIRMINGHAM

officer appointed → VELLANKI, Sunil Kumar
2026-06-13

CompanyRankvs 98476+ SIC 62020 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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98476Spot2it Limited
31
How is this score calculated?
Financial strength1/25 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.

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 31/12/2024

Net Worth

-£49k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£2k

Current Liabilities

£51k

1avg. employees+1

Balance Sheet

Assets less current liabilities-£49k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04+£713
20230.01+£237
20220.01+£27k
20210.47-£58k
20203.32-£23k
20191.17+£2k
20184.87—

Derived from filed accounts. Not audited figures.