Back to search

Define Tech Limited

12454067

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

AZETS, REGIS HOUSE, LONDON, EC4R 9AN
Incorporated 10/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Sam Ashdown

director · Since 20/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Arun Tyagi

director · Since 20/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

Define Tech Ireland Limited

75–100% shares
75–100% votes
Appoint directors

2nd Floor, Riverpoint, Limerick, V94 WC6A

Reg: 750744 · Companies Registration Office Ireland · Private Company Limited By Shares

Notified 20/10/2023

Former PSCs

Bmc Tv Limited

Ceased 20/10/2023

Bmc Tv Ltd

Ceased 10/05/2022

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 27/02/2023Registered 27/02/2023

CompanyRankvs 25994+ SIC 62020 peers
57

Financial strength97th percentile among SIC peers · 24/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.03× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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.

Longevity6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£519k

Balance sheet strength

Cash

£123k

Cash in the bank

Net Current Assets

£509k

Working capital

Current Assets

£1.0M

Current Liabilities

£492k

Fixed Assets

£13k

Debtors

£878k

0avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£522k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.03+£0
20252.03+£44k
20241.71+£329k
20232.42+£59k
20226.38+£16k
20212.81

Derived from filed accounts. Not audited figures.