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Itec Power Services Limited

02236627

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

ITEC HOUSE, ASHTON UNDER LYNE, OL6 7DT
Incorporated 28/03/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Jon Matthews

director · Since 02/01/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Mr Tim Ian Matthews

director · Since 20/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Irim Ltd

75–100% shares

The Roundhouse, Ullenhall Lane, Henley-In-Arden, B95 5PE

Reg: 9683319 · England · Private Limited Company

Notified 20/01/2021

Former PSCs

Mr Gary Ian Ashworth

Ceased 20/01/2021

Mrs Louise Clare Ashworth

Ceased 20/01/2021

Mr Tim Ian Matthews

Ceased 20/01/2021

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY

Created 28/09/2022Registered 28/09/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/12/2007Registered 11/12/2007Satisfied 10/12/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 17/10/2002Registered 22/10/2002Satisfied 27/09/2022
charge
satisfied

VENTURE FACTORS PLC

Created 23/06/1997Registered 24/06/1997Satisfied 27/09/2022
charge
satisfied

VENTURE FACTORS PLC

Created 18/08/1994Registered 20/08/1994Satisfied 27/09/2022
charge
satisfied

UNION DISCOUNT COMMERCIAL FINANCE LIMITED

Created 21/07/1992Registered 31/07/1992Satisfied 20/08/1993
charge
satisfied

BARCLAYS BANK PLC

Created 20/06/1990Registered 02/07/1990Satisfied 16/10/2002

CompanyRankvs 1858+ SIC 71129 peers
68

Financial strength87th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1858Itec Power Services Limited
78
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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 31/03/2025

Net Worth

£121k

Balance sheet strength

Cash

£235

Cash in the bank

Net Current Assets

£74k

Working capital

Current Assets

£331k

Current Liabilities

£257k

Fixed Assets

£70k

Debtors

£209k

10avg. employees-3

Balance Sheet

Assets less current liabilities£144k
Signed by Mr Timothy Ian Matthews 20/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29-£84k
20241.50-£36k
20231.69-£24k
20221.84+£18k
20211.60-£15k
20201.38-£14k
20191.44—

Derived from filed accounts. Not audited figures.