The Information Technology Foundry Ltd
02264150
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael William Hedges
British · United Kingdom · Age 58
5 Norman Road, Heaton Moor, Stockport, SK4 4HJ
Notified 06/04/2016
Mrs Amanda Hedges
British · United Kingdom · Age 55
5 Norman Road, Heaton Moor, Stockport, SK4 4HJ
Notified 06/04/2016
CompanyRankvs 26762+ SIC 62020 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£36k
Balance sheet strength
Cash
£37k
Cash in the bank
Net Current Assets
£35k
Working capital
Current Assets
£108k
Current Liabilities
£73k
Fixed Assets
£2k
Debtors
£71k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.47 | +£0 |
| 2025 | 1.47 | — |
| 2024 | 1.14 | — |
| 2023 | 1.34 | — |
| 2022 | 1.49 | — |
| 2021 | 0.99 | — |
| 2020 | 1.26 | — |
| 2019 | 1.54 | — |
| 2018 | 1.46 | — |
Derived from filed accounts. Not audited figures.