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Madara Network Ltd

11553664

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

39TH FLOOR, LONDON, E14 5AB
Incorporated 05/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
66110
Administration of financial markets

Officers

Mr Krasimir Svilenov Kirov

director · Since 12/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 3 other boards

Persons with Significant Control

Madara Invest Ltd

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

39th Floor, One Canada Square, London, E14 5AB

Reg: 11260272 · Companies House · Private Limited Company

Notified 05/09/2018

Former PSCs

Mr Krasimir Svilenov Kirov

Ceased 12/10/2020

Mr Asen Nikolaev Nenchev

Ceased 12/10/2020

CompanyRankvs 10383+ SIC 62012 peers
70

Financial strength96th percentile among SIC peers · 24/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 14.7× · 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 strength24/25 pts

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

Employees3/15 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 31/03/2023

Net Worth

£781k

Balance sheet strength

Cash

£6

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£113k

Current Liabilities

£8k

Fixed Assets

£197k

Debtors

£113k

Profit After Tax

-£48k

0avg. employees

Balance Sheet

Intangible assets£193k
Assets less current liabilities£303k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202314.70+£14k
202231.60+£24k
202148.89

Derived from filed accounts. Not audited figures.