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Pure Id Labs Ltd

12374055

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O TAX PARTNERS, LONDON, WC1X 8LU
Incorporated 20/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Ajitkumar Dhanraj Hatti

director · Since 22/04/2020

NONE

INDIAN · INDIA · Age 46

Persons with Significant Control

Mr Nitin Mehta

Significant control

American · United States · Age 79

C/O Tax Partners, 60 Gray's Inn Road, London, WC1X 8LU

Notified 30/05/2024

Former PSCs

Mr Sumit Siddharth

Ceased 02/01/2020

Mrs Neeta Hatti

Ceased 30/05/2024

Mr Ajitkumar Dhanraj Hatti

Ceased 30/05/2024

CompanyRankvs 45691+ SIC 62090 peers
26

Financial strength4th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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45691Pure Id Labs Ltd
35
How is this score calculated?
Financial strength1/25 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.

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

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 accounts are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in t

Key FinancialsYear ending 31/12/2024

Turnover

£11k

Annual revenue

Net Worth

-£85k

Balance sheet strength

Cash

£48k

Cash in the bank

Profit Before Tax

-£333k

Bottom line earnings

Net Current Assets

-£291k

Working capital

Current Assets

£75k

Current Liabilities

£366k

Fixed Assets

£207k

Debtors

£27k

Cost of Sales

£248k

Gross Profit

-£238k

Admin Expenses

£95k

Operating Profit

-£333k

Profit After Tax

-£334k

2avg. employees

Balance Sheet

Intangible assets£203k
Assets less current liabilities-£84k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20-£334k
20232.19+£22k
20210.37—

Derived from filed accounts. Not audited figures.