Company Overview
Algorithm It Solutions Limited is a Dissolved Private Limited Company.
Registered Address

47 York Road, Ilford, Essex, IG1 3AD
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Companies House Data
Company NameALGORITHM IT SOLUTIONS LIMITED
Company Number08098239
Registered Office Address47 York Road
 IG1 3AD
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date08/06/2012
Accounting Reference Date Day29
Accounting Reference Date Month6
Accounts Next Due Date29/03/2020
Accounts Last Made Up Date30/06/2019
Returns Next Due Date06/07/2017
Returns Last Made Up Date08/06/2016
Directors & Members
Lalith Athiappan - Director
(British, 38 years old, born July 1986)
Director - Appointed 08 June 2012
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Lalith Athiappan
GLOBAL NOTICEBOARD LTD
GNB GLOBAL NOTICEBOARD LTD
GNB GROUP HOLDINGS LTD
GNB PROPERTY PORTAL LTD
GNB PROPERTY, SOFTWARE SOLUTIONS LTD
Balance Sheet Unlock full report
Accounts Date 30-Jun-2019 30-Jun-2018 30-Jun-2017
Balance Sheet
Fixed Assets -53 -70 21,887
Current Assets -2,322 -1,693 -873
Creditors Due Within One Year -13,690 -12,538 10,991
Working Cap 11,368 10,845 10,118
Total Assets Less Current Liabilities 11,315 10,775 10,023
Long-term Liabilities 22,630 21,550 20,046
Net Assets -11,315 -10,775 -10,023
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -11,315 -10,775 -10,023
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2019 30-Jun-2018 30-Jun-2017
Tangible Fixed Assets - - -
Fixed Assets 2.2% 4.0% 104.2%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 97.8% 96.0% -4.2%
Creditors Due Within One Year 576.4% 711.2% 52.3%
Net Current Assets Liabilities -478.7% -615.1% 48.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -47.7%
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 476.4% 611.2% -47.7%
Capital Employed - - -
Total Assets Less Current Liabilities -476.4% -611.2% 47.7%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2019 30-Jun-2018 30-Jun-2017
Liquidity Ratio 0.2 0.1 -0.1
Solvency Ratio -0.3 -0.2 0.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2019 30-Jun-2018 30-Jun-2017
Assets -2,375 -1,763 21,014
Debt 8,940 9,012 31,037
Net Assets/Debt -11,315 -10,775 -10,023
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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DHUHA UK LIMITED
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QUALE SERVICES LTD
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MUDU INTERNATIONAL MANAGEMENT CONSULTANCY LIMITED
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THAMES INVESTORS LTD
47 York Road, Ilford, Essex, IG1 3AD
EDUCE CONSULTANTS LTD
37 York Road, Ilford, Essex, IG1 3AD
KELD ELLENTOFT UK PRIVATE LIMITED
11 Wanstead Park Road, Ilford, Essex, IG1 3AD
RISHU CONSULTANCY LTD
47 York Road, Ilford, Essex, IG1 3AD
GOURMET FRANCHISING LTD
37 York Road, Ilford, Essex, IG1 3AD
Document Filings
Final Gazette dissolved via compulsory strike-off
First Gazette notice for compulsory strike-off
Confirmation statement made on 8 June 2019 with no updates
Director's details changed for Mr Lalith Kaushik Athiappan on 1 July 2018
Change of details for Mr Lalith Kaushik Athiappan as a person with significant control on 1 July 2018
Previous accounting period shortened from 30 June 2018 to 29 June 2018
Confirmation statement made on 8 June 2018 with no updates
Confirmation statement made on 8 June 2017 with updates
Annual return made up to 8 June 2016 with full list of shareholders
Annual return made up to 8 June 2015 with full list of shareholders
Annual return made up to 8 June 2014 with full list of shareholders
Registered office address changed from 36 Tenby Road Edgware HA8 6DR England on 28 February 2014
Annual return made up to 8 June 2013 with full list of shareholders
Incorporation
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