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Reco Technologies Private Limited

14154067

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

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 07/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Venkata Suresh Para

secretary · Since 07/06/2022

Also on 2 other boards

Mr Venkata Suresh Para

director · Since 07/06/2022

SOFTWARE ENGINEER

INDIAN · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Venkata Suresh Para

75–100% shares
75–100% votes

Indian · England · Age 46

37, Lindum Street, Manchester, M14 4BJ

Notified 07/06/2022

CompanyRankvs 40214+ SIC 62012 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 30/06/2025

Net Worth

-£237k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£236k

Working capital

Current Assets

£1k

Current Liabilities

£236k

Fixed Assets

£1k

10avg. employees

Balance Sheet

Assets less current liabilities-£235k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01-£339k
20240.01+£101k
20230.89

Derived from filed accounts. Not audited figures.