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Snowstorm Technologies (Uk) Ltd

12199769

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SEEBECK HOUSE SEEBECK PLACE, MILTON KEYNES, MK5 8FR
Incorporated 10/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Riaz Sadrudin Pisani

director · Since 18/12/2019

CHARTERED ACCOUNTANT

CANADIAN · CANADA · Age 63

Also on 2 other boards

Mr Mark Thomas Felstead

director · Since 03/07/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 48 other boards

Amin Shivji

director · Since 03/07/2020

DENTIST AND CEO OF 123DENTIST

CANADIAN · CANADA · Age 60

Also on 1 other board

Parvinder Singh Khaira

director · Since 25/01/2021

CHARTERED ACCOUNTANT

CANADIAN,BRITISH · CANADA · Age 46

Also on 2 other boards

Persons with Significant Control

Snowstorm (Holdings) Limited

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

Seebeck House, Seebeck Place, Milton Keynes, MK5 8FR

Reg: 12413627 · Companies House, United Kingdom · Limited By Shares

Notified 22/01/2020

Former PSCs

Worldwide Independent Travel Network (Win) Ltd.

Ceased 05/12/2019

Mr Riaz Sadrudin Pisani

Ceased 08/12/2019

1232615 B.C Ltd

Ceased 22/01/2020

Charges0 outstanding

Charge
satisfied

SNOWSTORM TECHNOLOGIES GLOBAL TRAVEL SOLUTIONS INC. · SNOWSTORM TECHNOLOGIES INC.

Created 22/01/2020Registered 12/02/2020Satisfied 18/03/2020

CompanyRankvs 42481+ SIC 62012 peers
35

Financial strength0th percentile among SIC peers · 0/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.22× · 2/20
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 strength0/25 pts

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

Employees11/15 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.

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 31/12/2024

Net Worth

-£4.5M

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£6.4M

Working capital

Current Assets

£1.8M

Current Liabilities

£8.2M

Fixed Assets

£1.9M

Debtors

£1.8M

2avg. employees-2

Balance Sheet

Intangible assets£1.9M
Assets less current liabilities-£4.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22-£531k
20230.62-£855k
20220.57+£836k
20210.45-£2.2M
20200.66

Derived from filed accounts. Not audited figures.