Iti Network Services Limited
03015303
Notable Risks
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 08/05/2025
Due 22/05/2026
Industry
Officers
director · Since 22/09/2016
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 1 other board
director · Since 01/03/2024
DIRECTOR
BRITISH · GIBRALTAR · Age 57
Also on 2 other boards
Persons with Significant Control
Mr Jeremy David Levine
British · Gibraltar · Age 57
201, Upwell Street, Sheffield, S4 8AL
Notified 01/03/2024
Former PSCs
Mr Steven Richard Clarke
Ceased 01/03/2024
Mr Jason Alistair Denmark
Ceased 01/03/2024
The Templand Group Limited
Ceased 01/03/2024
Mr David Stuart Newton
Ceased 21/06/2021
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
JASON ALISTAIR DENMARK
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
BRITISH STEEL (INDUSTRY) LIMITED
LOMBARD NATWEST DISCOUNTING LIMITED
NATIONAL WESTMINSTER BANK PLC
Insolvency History1 case
Phillip Malachy Daly (practitioner)
CompanyRankvs 734+ SIC 61900 peers62
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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.
Risk deductions
Outstanding charges: -10 pts
Insolvency history: -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
£120k
Balance sheet strength
Cash
£212k
Cash in the bank
Net Current Assets
£718k
Working capital
Current Assets
£1.5M
Current Liabilities
£784k
Fixed Assets
£80k
Debtors
£1.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.92 | -£17k |
| 2024 | 1.09 | -£335k |
| 2023 | 1.35 | -£138k |
| 2022 | 1.31 | +£77k |
| 2021 | 1.77 | -£171k |
| 2020 | 1.52 | +£113k |
| 2019 | 1.59 | — |
Derived from filed accounts. Not audited figures.