Back to search

Eol It Services Ltd

03596433

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

59 STANLEY ROAD, MANCHESTER, M45 8GZ
Incorporated 10/07/1998

Compliance

Last accounts

31/03/2024

full

Next accounts due

24/06/2026

On track

Confirmation statement

Last: 25/04/2026

Due 09/05/2027

On track

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Jonathan David Rose

director · Since 07/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 11 other boards

Mr Edward Chandler

director · Since 17/02/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 4 other boards

Persons with Significant Control

Renaissance Bidco Limited

75–100% shares
75–100% votes
Appoint directors

59, Stanley Road, Manchester, M45 8GZ

Reg: 13686319 · Companies House · Private Limited Company

Notified 28/04/2022

Former PSCs

Mrs Janice Margaret Geoghegan

Ceased 28/04/2022

Charges3 outstanding

Charge
outstanding

BRIDGES FUND MANAGEMENT LIMITED (AS SECURITY TRUSTEE)

Created 27/03/2026Registered 27/03/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC (AS SECURITY TRUSTEE) FOR THE SECURED PARTIES

Created 30/03/2023Registered 06/04/2023Satisfied 16/04/2026
Charge
outstanding

BRIDGES FUND MANAGEMENT LIMITED (AS SECURITY TRUSTEE)

Created 28/04/2022Registered 11/05/2022
Charge
outstanding

BRIDGES FUND MANAGEMENT LIMITED (AS SECURITY TRUSTEE)

Created 28/04/2022Registered 09/05/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/09/2007Registered 03/10/2007Satisfied 17/02/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/08/2007Registered 29/08/2007Satisfied 15/05/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/11/2006Registered 09/11/2006Satisfied 31/03/2022

CompanyRankvs 19250+ SIC 62020 peers
54

Financial strength92th percentile among SIC peers · 23/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength23/25 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.

Liquidity6/20 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

accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. Material uncertainty relating to going concern We draw attention to note 2.3 in the financial statements which describes the directors’ assessment of the company’s ability to continue as a going concern and the actions that the Renai

Key FinancialsYear ending 31/03/2024

Turnover

£6.0M

Annual revenue

Net Worth

£168k

Balance sheet strength

Cash

£436k

Cash in the bank

Profit Before Tax

-£3.3M

Bottom line earnings

Net Current Assets

-£470k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.9M

Fixed Assets

£708k

Debtors

£997k

Cost of Sales

£3.8M

Gross Profit

£2.1M

Admin Expenses

£2.1M

Operating Profit

-£3.3M

Profit After Tax

-£3.2M

45avg. employees-6

Tax at Year End

Corp tax£246k

Balance Sheet

Intangible assets£92k
Assets less current liabilities£238k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.75-£3.2M
20232.27+£1.0M
20212.20+£1.0M
20202.35+£96k
20192.13+£186k
20181.66

Derived from filed accounts. Not audited figures.