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It Human Resources Plc

03673102

active
Public Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

18 FOUBERTS PLACE, LONDON, W1F 7PH
Incorporated 24/11/1998

Compliance

Last accounts

31/03/2025

full

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
78109
Other activities of employment placement agencies
78200
Temporary employment agency activities

Officers

Mr Sean Michael Gallagher

director · Since 24/11/1998

IT CONSULTANT

BRITISH · ENGLAND · Age 61

Also on 8 other boards

Mr Alexander George Wooldridge

director · Since 13/02/2026

BRITISH · SOUTH AFRICA · Age 46

Persons with Significant Control

Mr Sean Michael Gallagher

Significant control

British · England · Age 61

18, Fouberts Place, London, W1F 7PH

Notified 06/04/2016

Ithr Group Plc

75–100% shares

9th Floor, Berkshire House, High Holborn, London, WC1V 7AA

Reg: 07190703 · Companies House England · Plc

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

SECURE TRUST BANK PLC

Created 29/11/2019Registered 12/12/2019
Charge
outstanding

AMICUS COMMERCIAL FINANCE NO 1 LIMITED

Created 27/07/2017Registered 04/08/2017
Charge
satisfied

HSBC BANK PLC

Created 03/02/2017Registered 06/02/2017Satisfied 16/04/2019
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 22/03/2016Registered 22/03/2016Satisfied 16/04/2019
Charge
satisfied

HSBC BANK PLC

Created 29/05/2013Registered 05/06/2013Satisfied 16/04/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/02/2000Registered 10/03/2000Satisfied 29/10/2015

CompanyRankvs 66112+ SIC 62020 peers
30

Financial strength0th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.66× · 6/20
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 strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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

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

Key FinancialsYear ending 31/03/2025

Turnover

£6.4M

Annual revenue

Net Worth

-£933k

Balance sheet strength

Cash

£347k

Cash in the bank

Profit Before Tax

£573k

Bottom line earnings

Net Current Assets

-£933k

Working capital

Current Assets

£1.8M

Current Liabilities

£2.7M

Debtors

£1.5M

Cost of Sales

£4.9M

Gross Profit

£1.5M

Admin Expenses

£882k

Operating Profit

£636k

Profit After Tax

£573k

5avg. employees

People Costs

Wages & salaries£312k
NI contributions£73k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.66+£573k
20240.58+£519k
20230.40+£277k
20220.44+£434k
20210.41

Derived from filed accounts. Not audited figures.