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Transmit Security Uk Ltd

11207381

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

SUITE 4, 7TH FLOOR, LONDON, SW1H 0DB
Incorporated 15/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Michael Boodaei

director · Since 15/02/2018

ENTREPRENEUR

ISRAELI · ISRAEL · Age 54

Rakesh Loonkar

director · Since 15/02/2018

ENTREPRENEUR

AMERICAN · UNITED STATES · Age 55

Matan Shitrit

director · Since 01/11/2022

CPA

ISRAELI · ISRAEL · Age 38

Mirit Barak

director · Since 03/12/2023

CHIEF FINANCIAL OFFICER

ISRAELI · ISRAEL · Age 44

Charges0 outstanding

Charge
satisfied

HSBC INNOVATION BANKING

Created 02/08/2023Registered 18/08/2023Satisfied 22/11/2023
Charge
satisfied

HSBC INNOVATION BANKING

Created 02/08/2023Registered 18/08/2023Satisfied 22/11/2023
Charge
satisfied

SILICON VALLEY BANK

Created 20/12/2018Registered 02/01/2019Satisfied 23/08/2023

CompanyRankvs 3130+ SIC 62020 peers
83

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.7× · 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 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.

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 31/12/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.6M

Current Liabilities

£707k

Fixed Assets

£7k

Debtors

£1.3M

Profit After Tax

£338k

19avg. employees

Tax at Year End

Corp tax£11k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20253.70+£65k
20242.92+£437k
20232.70+£101k
20223.11+£468k
20212.16

Derived from filed accounts. Not audited figures.