Technovate-Saudi Limited
12414159
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/01/2025
dormant
Next accounts due
31/10/2026
Confirmation statement
Last: 19/01/2026
Due 02/02/2027
Industry
Officers
secretary · Since 20/01/2020
Persons with Significant Control
Grs (Middle East) Limited
Dropmore, Broad Lane, High Wycombe, HP10 0JN
Reg: 07021995 · Companies House · Limited Company
Notified 20/01/2020
Change History
Active
Private Limited Company
5 STRATTON AUDLEY MANOR MILL ROAD
BICESTER
CompanyRankvs 110003+ SIC 62020 peers26
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
-£29k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£30k
Working capital
Current Assets
£15k
Current Liabilities
£44k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.33 | -£57k |
| 2024 | 0.33 | +£57k |
| 2023 | 0.33 | +£673 |
| 2022 | 0.33 | — |
| 2021 | 0.99 | — |
Derived from filed accounts. Not audited figures.