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Item Products Limited

02042409

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ITEM HOUSE, HOUGHTON REGIS, LU5 5BQ
Incorporated 31/07/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22220
Manufacture of plastic packing goods

Officers

Mr Jack Alastair Cook

director · Since 22/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Mr Ciaran Stewart Adam Glover

director · Since 22/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Item Products Holdings Ltd

75–100% shares
75–100% votes

101 Park Street, Park Street, Luton, LU1 3HG

Reg: 08279636 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 12/01/2018Registered 12/01/2018Satisfied 28/03/2023
Charge
satisfied

LLOYDS TSB BANK PLC

Created 30/09/2013Registered 10/10/2013Satisfied 28/03/2023
Charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 07/10/2013Registered 07/10/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/07/2001Registered 24/07/2001Satisfied 24/12/2007

CompanyRankvs 47+ SIC 22220 peers
70

Financial strength80th percentile among SIC peers · 20/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 13.23× · 20/20
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 strength20/25 pts

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

Employees10/15 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.

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 31/12/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£99k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.3M

Current Liabilities

£95k

Fixed Assets

£73k

Debtors

£1.1M

5avg. employees

Balance Sheet

Intangible assets£804
Assets less current liabilities£1.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202413.23+£18k
202310.14+£250k
20226.14+£101k
20213.23

Derived from filed accounts. Not audited figures.