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Platinum Group.Io Limited

13417713

active
Private Limited Company
england wales
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

27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX
Incorporated 24/05/2021

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Daryl James Heard

director · Since 24/05/2021

DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 38

Mr Connor James Dowling

director · Since 02/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 1 other board

Mr Matthew Heard

director · Since 15/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 4 other boards

Persons with Significant Control

Belle Capital Holdings Ltd

25–50% shares
25–50% votes

Bankside 300, Broadland Business Park, Norwich, NR7 0LB

Reg: 14419228 · Companies House · Limited Company

Notified 23/11/2022

Draeh Holdings Ltd

25–50% shares
25–50% votes

Bankside 300, Broadland Business Park, Norwich, NR7 0LB

Reg: 14418043 · Companies House · Limited Company

Notified 23/11/2022

Former PSCs

Mr Daryl Heard

Ceased 23/11/2022

Charges1 outstanding

Charge
outstanding

SONOVATE LIMITED

Created 07/04/2022Registered 07/04/2022

CompanyRankvs 18809+ SIC 62020 peers
65

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

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

£540k

Balance sheet strength

Cash

£549k

Cash in the bank

Net Current Assets

£511k

Working capital

Current Assets

£1.5M

Current Liabilities

£971k

Fixed Assets

£31k

Debtors

£934k

21avg. employees-4

Tax at Year End(2023)

Corp tax£40k
VAT£141k

Director Loans(2023)

Company owes directors£50k
Directors owe company£20k

Balance Sheet

Assets less current liabilities£542k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.53+£356k
20241.24+£91k
20231.09£2.8M

Derived from filed accounts. Not audited figures.