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Algotiq Solutions Ltd

15629014

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

15A COBALT BUSINESS PARK, NEWCASTLE UPON TYNE, NE27 0QQ
Incorporated 09/04/2024

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 10/07/2026

Due 24/07/2027

On track

Industry

58190
Other publishing activities
62012
Business and domestic software development
62020
Information technology consultancy activities
85590
Other education

Officers

Mr Rana Waleed Mehmood

director · Since 09/04/2024

SOFTWARE TRAINER AND CONSULTANT

BRITISH · UNITED KINGDOM

Also on 4 other boards

Mrs. Ayesha Iqbal

director · Since 27/08/2024

ADMINISTRATIVE ASSISTANT & COURSE COORDI

BRITISH · UNITED KINGDOM

Also on 2 other boards

Persons with Significant Control

Algotiq Holdings Ltd

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

Reg: 16813059 · Companies House · Private Limited Company

Notified 22/01/2026

Former PSCs

Mr Rana Waleed Mehmood

Ceased 22/01/2026

Mrs. Ayesha Iqbal

Ceased 22/01/2026

CompanyRankvs 2280+ SIC 58190 peers
68

Financial strength75th percentile among SIC peers · 19/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.64× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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2280Algotiq Solutions Ltd
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How is this score calculated?
Financial strength19/25 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.

Liquidity20/20 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 30/04/2025

Net Worth

£13k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£19k

Current Liabilities

£7k

Fixed Assets

£581

2avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20252.64

Derived from filed accounts. Not audited figures.