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Digilab Solutions Ltd

13292372

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

GENERATOR HUB THE GALLERY, EXETER, EX2 4AN
Incorporated 25/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Professor Timothy James Dodwell

director · Since 25/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Anhadjeet Singh Sandhu

director · Since 25/03/2021

DIRECTOR

INDIAN · ENGLAND · Age 34

Also on 1 other board

Dr Alan Martin Prior

director · Since 31/01/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Mrs Josephine Susanna Muncaster

secretary · Since 24/07/2023

Mr Nigel Jurgen Toon

director · Since 30/10/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 6 other boards

Persons with Significant Control

Professor Timothy James Dodwell

25–50% shares
25–50% votes
Appoint directors

British · England · Age 39

Generator Hub, The Gallery, Exeter, EX2 4AN

Notified 25/03/2021

Anhadjeet Singh Sandhu

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 34

Generator Hub, The Gallery, Exeter, EX2 4AN

Notified 25/03/2021

CompanyRankvs 3214+ SIC 62012 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 10.66× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity5/15 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

and in accordance with Financial Reporting Standard 102 section IA Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

£2.7M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£3.0M

Current Liabilities

£278k

Fixed Assets

£51k

Debtors

£857k

30avg. employees+6

Tax at Year End

VAT£13k

Balance Sheet

Intangible assets£12k
Assets less current liabilities£2.7M
Signed by Professor Timothy Dodwell 17/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202510.66+£2.0M£253k
20244.17-£104k£1.2M
2023+£731k
20227.75

Derived from filed accounts. Not audited figures.