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Doherty It Solutions Ltd

02678057

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

THE CONNECTION, 4TH FLOOR, LONDON, WC1V 7BD
Incorporated 16/01/1992

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/09/2025

Due 11/10/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Terrence Dominic Doherty

director · Since 07/11/2000

MANAGING DIRECTOR

NEW ZEALANDER · ENGLAND · Age 61

Mr Andrew Darby Mitchell

director · Since 01/01/2006

INVESTMENT DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 3 other boards

Mr James Mitchell

director · Since 08/10/2008

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Andrea Haywood

secretary · Since 14/03/2021

Ms Andrea Haywood

director · Since 14/03/2021

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Mr Terrence Dominic Doherty

50–75% shares

New Zealander · England · Age 61

The Connection, 4th Floor, 198 High Holborn, London, WC1V 7BD

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 18/08/2023Registered 25/08/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 03/06/2020Registered 17/06/2020
charge
satisfied

WOLTERS KLUWER HEALTH (MEDICAL RESEARCH) LIMITED

Created 06/08/2010Registered 13/08/2010Satisfied 28/09/2016
charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 11/07/2000Registered 14/07/2000
charge
satisfied

LLOYDS BANK PLC

Created 25/11/1996Registered 05/12/1996Satisfied 06/06/2002

CompanyRankvs 2408+ SIC 62090 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.59× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect

Key FinancialsYear ending 31/12/2024

Turnover

£12.9M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Profit Before Tax

£510k

Bottom line earnings

Net Current Assets

£1.4M

Working capital

Current Assets

£3.8M

Current Liabilities

£2.4M

Fixed Assets

£255k

Debtors

£1.7M

Cost of Sales

£9.9M

Gross Profit

£3.0M

Admin Expenses

£2.5M

Operating Profit

£506k

Profit After Tax

£454k

110avg. employees+10

Tax at Year End

Dividends paid-£438k

People Costs

Wages & salaries£5.2M
NI contributions£550k

Balance Sheet

Intangible assets£174k
Bank loans & overdrafts£50k
Assets less current liabilities£1.7M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.59+£90k
20231.46-£126k
20221.48+£377k
20211.35+£55k
20201.69+£499k
20191.21+£306k
20181.08

Derived from filed accounts. Not audited figures.