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Postdot Technologies Uk Ltd

12235678

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)
  • Going concern doubt noted in accounts (-10)

Details

35 BALLARDS LANE, LONDON, N3 1XW
Incorporated 01/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Abhinav Asthana

director · Since 01/10/2019

CEO AND CO-FOUNDER OF POSTMAN, INC

INDIAN · UNITED STATES · Age 38

Mr Ajay Prasad

director · Since 11/01/2021

HEAD OF PEOPLE OPERATIONS (WORLDWIDE)

INDIAN · UNITED STATES · Age 55

Ms Sarah Jayne Lye

director · Since 08/09/2021

HEAD OF PEOPLE OPERATIONS (EUROPE)

BRITISH · UNITED KINGDOM · Age 51

CompanyRankvs 2682+ SIC 62012 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.36× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£18.4M

Annual revenue

Net Worth

£4.1M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

£869k

Bottom line earnings

Net Current Assets

£4.1M

Working capital

Current Assets

£5.0M

Current Liabilities

£939k

Fixed Assets

£1k

Debtors

£3.3M

Gross Profit

£18.4M

Admin Expenses

£17.6M

Operating Profit

£878k

Profit After Tax

£386k

101avg. employees

Tax at Year End

Corp tax£526k

People Costs

Wages & salaries£13.2M
NI contributions£1.5M

Balance Sheet

Assets less current liabilities£4.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20245.36+£1.5M
20233.59+£1.5M
20222.30+£895k
20212.54

Derived from filed accounts. Not audited figures.