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Karad Infotech Ltd

11541799

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 29/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
63120
Web portals

Officers

Mrs Ekta Karad

secretary · Since 05/07/2020

Also on 1 other board

Mrs Ekta Karad

director · Since 05/07/2020

DIRECTOR

INDIAN · UNITED KINGDOM · Age 34

Also on 1 other board

Mr Pankajbhai Karad

director · Since 15/06/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Mrs Ekta Karad

50–75% shares
ownership-of-shares-50-to-75-percent-as-firm
50–75% votes
Appoint directors

British · England · Age 34

124, City Road, London, EC1V 2NX

Notified 06/11/2020

Former PSCs

Mr Pankajbhai Karad

Ceased 01/03/2021

CompanyRankvs 10379+ SIC 62012 peers
70

Financial strength64th percentile among SIC peers · 16/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 10.76× · 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 strength16/25 pts

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

Employees11/15 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 31/08/2024

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£13k

Current Liabilities

£1k

Fixed Assets

£834

2avg. employees-1

Balance Sheet

Assets less current liabilities£13k
Signed by 1.9.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
202410.76+£558
20238.38
20223.87
20210.89

Derived from filed accounts. Not audited figures.