Back to search

Idab Tech Ltd

14868205

active
Private Limited Company
england wales
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

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 15/05/2023

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 05/05/2026

Due 19/05/2027

On track

Industry

62012
Business and domestic software development
63120
Web portals
78109
Other activities of employment placement agencies
78300
Human resources provision and management of human resources functions

Officers

Mr Mayurkumar Dineshkumar Paghadal

director · Since 15/05/2023

BUSINESS OWNER

INDIAN · UNITED KINGDOM · Age 34

Also on 1 other board

Miss Ankita Patel

director · Since 30/01/2026

ENGLISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Mayurkumar Paghadal

75–100% shares
75–100% votes
Appoint directors

Indian · United Kingdom · Age 34

58, Watling Street, Towcester, NN12 6AF

Notified 15/05/2023

Former PSCs

Miss Amikumari Dineshbhai Paghadal

Ceased 12/12/2025

CompanyRankvs 53796+ SIC 62012 peers
31

Financial strength14th percentile among SIC peers · 4/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength4/25 pts

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

Employees3/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£10k

Current Liabilities

£20k

Fixed Assets

£4k

0avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.53-£2k
20240.73

Derived from filed accounts. Not audited figures.