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Mit Software Solutions Ltd

16014562

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

90 NORTHUMBERLAND ROAD, HARROW, HA2 7RE
Incorporated 13/10/2024

Compliance

Next accounts due

13/07/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Vasunag Allamraju

director · Since 13/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Vasunag Allamraju

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
Appoint directors

British · United Kingdom · Age 48

90, Northumberland Road, Harrow, HA2 7RE

Notified 13/10/2024

Mrs Venkata Satya Kanaka Sravanthi Allamraju

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

British · England · Age 40

90, Northumberland Road, Harrow, HA2 7RE

Notified 01/11/2024

Former PSCs

Mrs Venkata Satya Kanaka Sravanthi Allamraju

Ceased 01/11/2025

CompanyRankvs 21423+ SIC 62012 peers
47

Financial strength66th percentile among SIC peers · 17/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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21423Mit Software Solutions Ltd
56
How is this score calculated?
Financial strength17/25 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.

Liquidity12/20 pts

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

Longevity2/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 31/10/2025

Net Worth

£9k

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£112k

Current Liabilities

£103k

Debtors

£21k

2avg. employees
Signed by Mr V ALLAMRAJU,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.08

Derived from filed accounts. Not audited figures.