Back to search

Iotatech Saas Limited

14779145

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

28 RAINSFORD AVENUE, CHELMSFORD, CM1 2PJ
Incorporated 04/04/2023

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 03/04/2025

Due 17/04/2026

Overdue

Industry

62020
Information technology consultancy activities

Officers

Mr Michael William Sargeant

director · Since 04/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 4 other boards

Mr Dermot James Joyce

director · Since 13/04/2023

COMPANY DIRECTOR

IRISH · ENGLAND · Age 60

Mr Robert Charles Anthony Thomson

director · Since 13/04/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 4 other boards

Mr Vincent James Harvey Mitchell

director · Since 17/07/2023

CERTIFIED CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 66

Ms Lisa Jane Teresa Powis

director · Since 17/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Former PSCs

Mr Michael William Sargeant

Ceased 18/07/2023

Charges1 outstanding

Charge
outstanding

IOTATECH LIMITED

Created 20/04/2023Registered 21/04/2023

CompanyRankvs 118822+ SIC 62020 peers
12

Financial strength1th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 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.

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.

Longevity3/15 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 30/04/2025

Net Worth

-£266k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£266k

Working capital

Current Assets

£9k

Current Liabilities

£275k

0avg. employees

Balance Sheet

Assets less current liabilities-£266k
Signed by 1.5.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£449k
20240.07

Derived from filed accounts. Not audited figures.