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Speedtech Innovation Ltd

15144514

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

206 Spruce Court, Belvedere Street, Salford, M6 5EW
Incorporated 18/09/2023

Previously known as

Speed Recruitment Ltd · until 28/10/2024

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 17/09/2025

Due 01/10/2026

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
71122
Engineering related scientific and technical consulting activities

Officers

Julius Uti Nchor

director · Since 18/09/2023

Nigerian · United Kingdom · Age 37

Ibrahim Yusuf Bakoji

director · Since 26/10/2023

Nigerian · England · Age 39

Halima Muhammad Lawal

secretary · Since 10/01/2024

Persons with Significant Control

Mr Julius Uti Nchor

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

Nigerian · United Kingdom · Age 37

206, Spruce Court, Salford, M6 5EW

Notified 18/09/2023

Dr Ibrahim Yusuf Bakoji

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

Nigerian · England · Age 39

206, Spruce Court, Salford, M6 5EW

Notified 28/07/2025

Former PSCs

Miss Zanita Iruoshu Uti

Ceased 28/07/2025

Change History

statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line1206 Spruce Court
2026-06-06

206 SPRUCE COURT

post townSalford
2026-06-06

SALFORD

CompanyRankvs 29331+ SIC 62012 peers
47

Financial strength70th percentile among SIC peers · 18/25
Employees71th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 pts

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

Liquidity0/20 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 30/09/2025

Turnover

£16k

Annual revenue

Net Worth

£14k

Balance sheet strength

Cash

£9k

Cash in the bank

Profit Before Tax

£4k

Bottom line earnings

Net Current Assets

£14k

Working capital

Current Assets

£14k

Current Liabilities

Debtors

£5k

Gross Profit

£16k

Admin Expenses

£7k

Operating Profit

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£14k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£2k
2024Infinity

Derived from filed accounts. Not audited figures.