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720 Technologies Ltd

11390646

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

13 WHITCHURCH LANE, EDGWARE, HA8 6JZ
Incorporated 31/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Ramandeep Singh Dhaliwal

director · Since 31/05/2018

MANAGER

BRITISH · ENGLAND · Age 34

Also on 4 other boards

Persons with Significant Control

Mr Ramandeep Singh Dhaliwal

25–50% shares
25–50% votes

British · England · Age 34

Luxters, West End Lane, Slough, SL2 4ND

Notified 31/05/2018

Mr Rohan Dhaliwal

25–50% shares
25–50% votes

British · England · Age 30

13, Whitchurch Lane, Edgware, HA8 6JZ

Notified 01/02/2019

Mr Baljinder Singh Dhaliwal

25–50% shares
25–50% votes

British · England · Age 66

13, Whitchurch Lane, Edgware, HA8 6JZ

Notified 01/02/2019

CompanyRankvs 50099+ SIC 62090 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.03× · 2/20
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 strength1/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/05/2024

Net Worth

-£341k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£342k

Working capital

Current Assets

£12k

Current Liabilities

£354k

Fixed Assets

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£341k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£32k
20230.15-£106k
20220.22-£73k
20210.24-£20k
20200.21-£112k
20191.33

Derived from filed accounts. Not audited figures.