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Digitech Solutions And Consulting Ltd

12007877

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

22 SIXPENCE CLOSE, COVENTRY, CV4 8HL
Incorporated 21/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Farooq Mazhar Farooqui

director · Since 21/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Ms Filza Qaiyyum

director · Since 21/05/2019

DIRECTOR

INDIAN · ENGLAND · Age 37

Persons with Significant Control

Ms Filza Qaiyyum

25–50% shares

Indian · England · Age 37

22, Sixpence Close, Coventry, CV4 8HL

Notified 21/05/2019

Mr Farooq Mazhar Farooqui

25–50% shares

British · England · Age 46

22, Sixpence Close, Coventry, CV4 8HL

Notified 21/05/2019

CompanyRankvs 29861+ SIC 62020 peers
65

Financial strength69th percentile among SIC peers · 17/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£110k

Current Liabilities

£94k

Fixed Assets

£3k

3avg. employees-1

Balance Sheet

Assets less current liabilities£21k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.17-£4k
20231.37+£10k
20221.27+£2k
20211.59+£2k
20201.23

Derived from filed accounts. Not audited figures.