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I3 Simulations Ltd

12254038

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

VICTORY HOUSE, 2ND FLOOR, LUTON, LU1 3BS
Incorporated 10/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
74909
Other professional, scientific and technical activities

Officers

Mr Prajay Jayadev Kamat

director · Since 10/10/2019

BUSINESS

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Mrs Devi Kolli

director · Since 10/10/2019

N/A

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Persons with Significant Control

Mrs Devi Kolli

50–75% shares
50–75% votes
Appoint directors

British · England · Age 45

Hart House Business Centre, Suite 11, Kimpton Road, Luton, LU2 0LA

Notified 10/10/2019

Former PSCs

Mr Prajay Jayadev Kamat

Ceased 01/10/2025

Mr Pranay Jayadev Kamat

Ceased 01/10/2025

CompanyRankvs 16885+ SIC 62012 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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16885I3 Simulations Ltd
61
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.

Employees13/15 pts

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

Liquidity6/20 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 30/11/2024

Net Worth

£2.1M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£142k

Working capital

Current Assets

£207k

Current Liabilities

£349k

Fixed Assets

£2.5M

4avg. employees-2

Balance Sheet

Assets less current liabilities£2.4M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59+£4k
20230.57+£1.9M
20220.59+£101k
20211.14—

Derived from filed accounts. Not audited figures.