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Itility Limited

04541808

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

ELIZABETH HOUSE, MANCHESTER, M11 2NX
Incorporated 23/09/2002

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/07/2025

Due 26/07/2026

On track

Industry

45200
Maintenance and repair of motor vehicles
62090
Other information technology service activities
63110
Data processing, hosting and related activities
68100
Buying and selling of own real estate

Officers

Mr Irshad Umer Kara

secretary · Since 16/04/2013

Also on 9 other boards

Mr Irshad Umer Kara

director · Since 16/04/2013

FUTURES TRADER

BRITISH · ENGLAND · Age 37

Also on 9 other boards

Persons with Significant Control

Mr Umer Suleman Kara

75–100% shares

British · United Arab Emirates · Age 73

Elizabeth House, Victoria Street, Manchester, M11 2NX

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

UMER SULEMAN KARA

Created 12/08/2019Registered 16/08/2019
charge
satisfied

CLYDESDALE BANK PLC

Created 18/10/2007Registered 30/10/2007Satisfied 08/05/2014
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/06/2004Registered 24/06/2004Satisfied 08/02/2008

CompanyRankvs 1644+ SIC 45200 peers
74

Financial strength100th percentile among SIC peers · 25/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1475.52× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Outstanding charges: -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

£20.9M

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£20.4M

Working capital

Current Assets

£20.4M

Current Liabilities

£14k

Fixed Assets

£15.7M

Debtors

£4.0M

3avg. employees

Balance Sheet

Intangible assets£3.6M
Assets less current liabilities£36.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241475.52+£6.2M
202345.97-£59k
2022443.80+£7.1M
2021303.02-£29k
20207.04-£39k
20193.32+£25k
20181.33

Derived from filed accounts. Not audited figures.