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Leo3 Systems Limited

11553224

active
Private Limited Company
england wales
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

UNIT 4 CAVANS WAY, COVENTRY, CV3 2SF
Incorporated 05/09/2018

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 06/09/2025

Due 20/09/2026

On track

Industry

61900
Other telecommunications activities
62020
Information technology consultancy activities

Officers

Mr Balbinder Singh Chohan

director · Since 05/09/2018

CONSULTANT

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mr Manjit Singh Panesar

director · Since 05/09/2018

CONSULTANT

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Mr Charnprit Singh Thandi

director · Since 20/02/2024

IT CONSULTANT

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Leo3 Limited

75–100% shares
75–100% votes
Appoint directors

86, Erithway Road, Coventry

Reg: 10627338 · Companies House · Limited Company

Notified 05/09/2018

CompanyRankvs 6659+ SIC 61900 peers
39

Financial strength6th percentile among SIC peers · 2/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.48× · 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 strength2/25 pts

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

Employees12/15 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 30/09/2024

Net Worth

-£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£32k

Current Liabilities

£67k

Fixed Assets

£504

3avg. employees

Balance Sheet

Assets less current liabilities-£35k
Signed by 1.10.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£38k
20231.09-£12k
20221.25-£9k
20212.31+£2k
20200.91+£12k
20190.01

Derived from filed accounts. Not audited figures.