# NAGA IT SOLUTIONS LTD (13114808)

> NAGA IT SOLUTIONS LTD is an active private limited company (company number 13114808) incorporated on 5 January 2021, registered in Wokingham. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 31 January 2025, showing net assets of £29k and cash of £22k, with 1 employee on average. Net assets rose 205% on the prior period (£9,484).

- Status: Active
- Incorporated: 2021-01-05
- Registered office: Wokingham, RG41 5SH
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-01-19
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 3,641 comparable companies in Reading (median £11k, upper quartile £60k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | £29k | £22k | £32k | £28k | — | — | 1 |
| 2024-01-31 | £9,484 | £13k | £7,351 | £15k | — | — | 1 |

current ratio 1.95; size band micro.

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

- Net assets above zero: Net assets £28,895 at 31 January 2025
- Net assets up 10% or more on the prior period: +204.7% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.95
- Incorporated five or more years ago: Incorporated 5 January 2021

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

## Persons with significant control

- Mr Sudhakar Madamala — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-01-05
- Mrs Leela Jyostna Allamsetti — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2023-08-15

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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/13114808
HTML: https://firmoscan.com/company/13114808-naga-it-solutions-ltd
