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Ivy Tech Ltd

12320674

active
Private Limited Company
england wales
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

27 BRUNEL PARKWAY, DERBY, DE24 8HR
Incorporated 18/11/2019

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 11/05/2026

Due 25/05/2027

On track

Industry

62012
Business and domestic software development
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Keshanka Karunaratne

director · Since 18/11/2019

ENGINEER

BRITISH · ENGLAND · Age 38

Mrs Nipuni Wathsala Karunaratne

director · Since 11/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 2 other boards

Dr Warnakula Adiththa Arsaneelaiththa Premesh Shehan Lowe

director · Since 01/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 38

Dr Dissanayake Mahesh Dissanayake

director · Since 25/03/2025

NON-EXEC DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Miss Nipuni Wathsala Karunaratne

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

British · England · Age 33

27, Brunel Parkway, Derby, DE24 8HR

Notified 11/02/2021

Former PSCs

Mr Keshanka Karunaratne

Ceased 11/02/2021

CompanyRankvs 22564+ SIC 62012 peers
59

Financial strength69th percentile among SIC peers · 17/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.56× · 6/20
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.

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

£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£24k

Current Liabilities

£44k

Fixed Assets

£28k

5avg. employees-1

Balance Sheet

Assets less current liabilities£12k
Signed by Mr Keshanka Karunaratne 03/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.56-£45k
20231.56+£5k
20221.31+£8k
20211.37+£49k
20201.30

Derived from filed accounts. Not audited figures.