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Iqdev Limited

11693732

active
Private Limited Company
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

72 VISTA RISE, CARDIFF, CF5 2SD
Incorporated 23/11/2018

Compliance

Last accounts

29/02/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 27/10/2025

Due 10/11/2026

On track

Industry

62012
Business and domestic software development

Officers

Dr Rafal Bergman

director · Since 23/11/2018

DIRECTOR

BRITISH · WALES · Age 50

Also on 1 other board

Persons with Significant Control

Dr Rafal Bergman

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

British · Wales · Age 50

72, Vista Rise, Cardiff, CF5 2SD

Notified 26/10/2023

Former PSCs

Smartlist Ltd

Ceased 22/01/2021

Quasar Group Limited

Ceased 25/10/2023

CompanyRankvs 45130+ SIC 62012 peers
33

Financial strength6th percentile among SIC peers · 2/25
Employees43th 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 strength2/25 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 29/02/2024

Net Worth

-£49k

Balance sheet strength

Cash

£354

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£1k

Current Liabilities

£50k

Debtors

£940

1avg. employees

Tax at Year End(2023)

VAT£12k

Director Loans

Company owes directors£18k
Directors owe company£1k

Balance Sheet

Assets less current liabilities-£49k
Signed by Mr Rafal Bergman 27/11/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.03-£15k
20230.37-£37k£234k
20221.04+£7k£234k
20210.76£321k
20200.71

Derived from filed accounts. Not audited figures.