# 123 TECHNOLOGY LIMITED (05087065)

> 123 TECHNOLOGY LIMITED is an active private limited company (company number 05087065) incorporated on 29 March 2004, registered in London. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 31 March 2025, showing net assets of £3.00m and cash of £2.88m, with 5 employees on average. Net assets rose 20% on the prior period (£2.51m).

- Status: Active
- Incorporated: 2004-03-29
- Registered office: London, W1J 7JY
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-12
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 19,391 comparable companies in London (median £3,248, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £3.00m | £2.88m | £592k | £484k | — | — | 5 |
| 2024-03-31 | £2.51m | £2.74m | £211k | £466k | — | — | 1 |

current ratio 7.17; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £2,999,357 at 31 March 2025
- Net assets up 10% or more on the prior period: +19.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 7.17
- Cash at bank of £50,000 or more: Cash £2,876,676
- Incorporated five or more years ago: Incorporated 29 March 2004

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Bhavick Rashiklal Morjaria — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05087065
HTML: https://firmoscan.com/company/05087065-123-technology-limited