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Vortex Iot Limited

11001894

active
Private Limited Company
england wales
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

Last accounts

31/05/2025

audit exemption subsidiary

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 08/10/2025

Due 22/10/2026

On track

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 686+ SIC 58290 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees99th 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 strength25/25 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

Balance Sheet

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

EstimatesDerived

YearCurrent Ratio
20211.38

Derived from filed accounts. Not audited figures.