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Vortex Iot Limited

11001894

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

SUITE 5 METAL BOX, NEATH, SA11 1NJ
Incorporated 09/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Martin Johnson

director · Since 04/08/2023

CEO

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Persons with Significant Control

Marston Technology Investments Limited

75–100% shares
75–100% votes
Appoint directors

77, Shaftesbury Avenue, London, W1D 5DU

Reg: 13803060 · Companies House · Private Limited Company

Notified 22/12/2021

Former PSCs

Mr Nicholas Paul Beckett

Ceased 06/08/2018

Charges2 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED

Created 30/05/2025Registered 09/06/2025
Charge
outstanding

GLAS TRUST CORPORATION LIMITED (THE “SECURITY AGENT�)

Created 21/01/2022Registered 25/01/2022
Charge
satisfied

INNOVATE UK LOANS LIMITED

Created 10/03/2020Registered 13/03/2020Satisfied 23/12/2021

CompanyRankvs 6280+ SIC 58290 peers
65

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.38× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2021

Net Worth

£1.2M

Balance sheet strength

Cash

£478k

Cash in the bank

Net Current Assets

£326k

Working capital

Current Assets

£1.2M

Current Liabilities

£853k

Fixed Assets

£1.3M

Debtors

£683k

24avg. employees+9

Balance Sheet

Intangible assets£1.2M
Assets less current liabilities£1.6M
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent RatioImplied Profit
20211.38+£995k
20202.20+£119k
20191.81

Derived from filed accounts. Not audited figures.