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Smart Vision It Solutions Ltd

11179400

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

20 KITWOOD DRIVE, READING, RG6 3TA
Incorporated 31/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Veeraiah Mekala

director · Since 16/09/2019

IT CONSULTANT

BRITISH · ENGLAND · Age 41

Ms Srujana Racharla

director · Since 25/11/2022

IT CONSULTANT

INDIAN · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Veeraiah Mekala

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

British · England · Age 41

20, Kitwood Drive, Reading, RG6 3TA

Notified 23/09/2019

Ms Srujana Racharla

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 36

20, Kitwood Drive, Reading, RG6 3TA

Notified 25/11/2022

Former PSCs

Ms Srujana Racharla

Ceased 18/10/2022

Mr Venkata Siva Prasad Botta

Ceased 17/03/2025

CompanyRankvs 8035+ SIC 62020 peers
78

Financial strength79th percentile among SIC peers · 20/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.15× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/01/2025

Net Worth

£47k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£18k

Current Liabilities

£9k

Fixed Assets

£59k

10avg. employees+1

Tax at Year End(2021)

VAT£3k

Balance Sheet

Assets less current liabilities£69k

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.15+£37k
20241.30+£9k
20230.23-£3k
20222.14-£2k
20214.11+£2k£69k
20203.38
20191.08

Derived from filed accounts. Not audited figures.