Itech Electrical Contracting Limited
03207642
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/06/1996
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 1 other board
Persons with Significant Control
Mr David Brian Culshaw
British · England · Age 56
7, Lynton Road, Wigan, WN2 4EH
Notified 04/06/2016
CompanyRankvs 33190+ SIC 43210 peers36
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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 30/06/2024
Net Worth
-£35k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£48k
Working capital
Current Assets
£7k
Current Liabilities
£55k
Fixed Assets
£13k
Debtors
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.12 | -£4k |
| 2023 | 0.10 | -£13k |
| 2022 | 0.22 | +£2k |
| 2021 | 0.22 | — |
Derived from filed accounts. Not audited figures.