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I-Connect Systems Ltd

12458902

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

REDWOOD HOUSE, LONDON, NW2 3EA
Incorporated 12/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Paresh Premji Halai

director · Since 12/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Paresh Premji Halai

50–75% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · United Kingdom · Age 47

Redwood House, Kara Way, London, NW2 3EA

Notified 12/02/2020

Former PSCs

Mr Hitesh Premji Halai

Ceased 30/01/2026

Mr Daylan Paresh Halai

Ceased 30/01/2026

CompanyRankvs 24618+ SIC 43290 peers
32

Financial strength5th percentile among SIC peers · 1/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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24618I-Connect Systems Ltd
28
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.

Employees4/15 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.

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.

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

-£20k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£124k

Current Liabilities

£144k

Debtors

£105k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.86+£0
20250.86-£1k
20240.85+£13k
20230.69+£10k
20220.45-£24k
20210.63—

Derived from filed accounts. Not audited figures.