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Festival Pro Ltd

11678635

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

RAD LABS, LONDON, N1 7GX
Incorporated 15/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
63110
Data processing, hosting and related activities

Officers

Dr Vishnu Prasad Joshi

secretary · Since 15/11/2018

Mr Tushar Vishnu Joshi

director · Since 15/11/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr Tushar Vishnu Joshi

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

British · United Kingdom · Age 49

Rad Labs, 64 Cropley Street, London, N1 7GX

Notified 15/11/2018

CompanyRankvs 5787+ SIC 62020 peers
81

Financial strength96th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.24× · 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.

Employees14/15 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 31/03/2025

Net Worth

£364k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£377k

Working capital

Current Assets

£682k

Current Liabilities

£304k

Fixed Assets

£10k

4avg. employees-3

Balance Sheet

Assets less current liabilities£387k
Signed by Mr Tushar Joshi 31st March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.24+£67k
20242.30+£110k
20232.74+£83k
20225.88+£50k
20217.96+£47k
20201.14

Derived from filed accounts. Not audited figures.