Inspec Solutions Ltd
03835537
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 26/08/2025
Due 09/09/2026
Industry
Officers
director · Since 15/08/2025
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 61
Also on 5 other boards
director · Since 15/08/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 5 other boards
director · Since 01/03/2026
BRITISH · UNITED KINGDOM · Age 44
Also on 1 other board
director · Since 01/03/2026
BRITISH · UNITED KINGDOM · Age 44
Also on 2 other boards
Persons with Significant Control
Its Operating Group Ltd
Its House, High Force Road, Middlesbrough, TS2 1RH
Reg: 16020697 · Companies House · Private Limited Company
Notified 15/08/2025
Former PSCs
Mr Mark Ritson
Ceased 27/06/2022
Mr Justin Noel Hall
Ceased 27/06/2022
Ideso Group Ltd
Ceased 15/08/2025
Charges1 outstanding
BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)
BARCLAYS BANK PLC (AS LENDER)
ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED
NATIONAL WESTMINSTER BANK PLC
HSBC BANK PLC
CompanyRankvs 2939+ SIC 62090 peers65
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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
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
Key FinancialsYear ending 31/12/2023
Net Worth
£815k
Balance sheet strength
Cash
£20k
Cash in the bank
Profit Before Tax
£429k
Bottom line earnings
Net Current Assets
£773k
Working capital
Current Assets
£1.7M
Current Liabilities
£897k
Fixed Assets
£49k
Debtors
£1.4M
Cost of Sales
£824k
Admin Expenses
£3.0M
Profit After Tax
£379k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.86 | +£135k |
| 2022 | 2.34 | +£333k |
| 2021 | 2.20 | — |
| 2020 | 1.96 | — |
Derived from filed accounts. Not audited figures.