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Credence Tech Ltd

16352789

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2 OAKWOOD VIEW, LEEDS, LS8 2PY
Incorporated 31/03/2025

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Kapil Patil

director · Since 31/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mrs Shilpa Kapil Patil

director · Since 31/03/2025

SECRETARY

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Kapil Patil

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

British · England · Age 45

2, Oakwood View, Leeds, LS8 2PY

Notified 31/03/2025

Mrs Shilpa Kapil Patil

25–50% shares
25–50% votes

British · England · Age 42

2, Oakwood View, Leeds, LS8 2PY

Notified 31/03/2025

CompanyRankvs 12217+ SIC 62012 peers
67

Financial strength79th percentile among SIC peers · 20/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.25× · 20/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
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12217Credence Tech Ltd
67
How is this score calculated?
Financial strength20/25 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.

Longevity1/15 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 30/04/2026

Net Worth

£36k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£45k

Current Liabilities

£9k

2avg. employees

Balance Sheet

Assets less current liabilities£36k
Signed by Mr Kapil Patil 2nd June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20265.25

Derived from filed accounts. Not audited figures.