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Titan Pmr Ltd

12004082

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

C/O INVATECH HEALTH LTD KNITWEAR HOUSE, UNIT 3, BRISTOL, BS5 6FW
Incorporated 20/05/2019

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/05/2026

Due 02/06/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Tariq Nazir Muhammad

director · Since 20/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 18 other boards

Mr Martin Russell Vincent

secretary · Since 20/09/2019

Also on 10 other boards

Mr Martin Russell Vincent

director · Since 20/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 10 other boards

Persons with Significant Control

Invatech Health Ltd

75–100% shares

C/O Invatech Health Ltd, Knitwear House, Unit 3, Bristol, BS5 6FW

Reg: 12004003 · England And Wales · Limited Company

Notified 29/08/2019

Former PSCs

Mr Tariq Nazir Muhammad

Ceased 31/07/2019

Charges2 outstanding

Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 09/12/2020Registered 18/12/2020
Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 29/08/2019Registered 10/09/2019

CompanyRankvs 26541+ SIC 62012 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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26541Titan Pmr Ltd
49
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£2.0M

Balance sheet strength

Cash

£506k

Cash in the bank

Net Current Assets

£325k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.1M

Fixed Assets

£1.4M

Debtors

£875k

39avg. employees+7

Tax at Year End

Corp tax-£174k
VAT£183k

Director Loans

Company owes directors£689k

Balance Sheet

Intangible assets£1.3M
Assets less current liabilities£1.7M
Signed by Mr Tariq Muhammad 7 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.31+£462k£3.7M
20231.25-£533k£1.6M
20221.11-£701k£454k
20213.30-£938k£127k
20201.69-£1.0M—
20190.58——

Derived from filed accounts. Not audited figures.