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Sum-It Computer Systems Limited

01348014

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

69 High Street, Bideford, North Devon, EX39 2AT
Incorporated 13/01/1978

Previously known as

Bucks Inventory Consultants Limited · until 21/05/1982

Compliance

Last accounts

28/02/2025

unaudited abridged

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 26/07/2025

Due 09/08/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Geoffrey David Ley

director · Since 26/07/1991

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Benjamin Charles Southey John

director · Since 29/06/1999

SALES & MARKETING

BRITISH · Age 63

Geoffrey David Ley

director

British · England · Age 74

Benjamin Charles Southey John

director · Since 29/06/1999

British · Age 63

Former

Anne Patricia Ley

secretary · Resigned 11/08/2025

Anne Patricia Ley

director · Resigned 11/08/2025

Persons with Significant Control

Mr Geoffrey David Ley

75–100% shares
75–100% votes

British · England · Age 74

Hillcroft, Chinnor Road, High Wycombe, HP14 4AJ

Notified 06/04/2016

Former PSCs

Mrs Anne Patricia Ley

Ceased 19/08/2026

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/06/1993Registered 07/06/1993

Change History

statusactive
2026-06-15

Active

typeltd
2026-06-15

Private Limited Company

address line169 High Street
2026-06-15

69 HIGH STREET

post townNorth Devon
2026-06-15

NORTH DEVON

CompanyRankvs 59689+ SIC 62020 peers
43

Financial strength6th percentile among SIC peers · 2/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

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

Longevity15/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2026

Net Worth

-£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£121k

Current Liabilities

£187k

Fixed Assets

£90k

Debtors

£119k

14avg. employees+2

Balance Sheet

Assets less current liabilities£24k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.65+£33k
20250.66+£34k
20240.65-£134k
20231.32

Derived from filed accounts. Not audited figures.