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Paone Solutions Limited

11011158

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3 HOMINGTON AVENUE, SWINDON, SN3 6BG
Incorporated 12/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Venkata Pavan Kumar Adapa

director · Since 12/10/2017

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Venkata Pavan Kumar Adapa

75–100% shares

British · United Kingdom · Age 42

3, Homington Avenue, Swindon, SN3 6BG

Notified 12/10/2017

CompanyRankvs 33587+ SIC 62020 peers
64

Financial strength55th percentile among SIC peers · 14/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£6k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£42k

Current Liabilities

£37k

Fixed Assets

£496

Debtors

£755

4avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.14-£32k
20242.16+£19k
20221.91-£13k
20212.16+£8k
20201.56+£4k
20191.64+£4k
20181.28

Derived from filed accounts. Not audited figures.