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I.T. Dev Limited

04693711

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

KENNETH DIBBEN HOUSE ENTERPRISE ROAD, SOUTHAMPTON, SO16 7NS
Incorporated 11/03/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62020
Information technology consultancy activities
71122
Engineering related scientific and technical consulting activities

Officers

Mr Bruce Mitchell

director · Since 14/03/2003

SOFTWARE CONSULTANT

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Andrew Raymond Culmer

secretary · Since 07/11/2005

ENGINEER

BRITISH · ENGLAND · Age 49

Also on 7 other boards

Mr Andrew Raymond Culmer

director · Since 07/11/2005

ENGINEER

BRITISH · ENGLAND · Age 49

Also on 7 other boards

Persons with Significant Control

Mr Bruce Mitchell

50–75% shares
50–75% votes
Appoint directors

British · England · Age 56

Kenneth Dibben House, Enterprise Road, Southampton, SO16 7NS

Notified 06/04/2016

Mr Andrew Raymond Culmer

25–50% shares
25–50% votes

British · England · Age 49

Kenneth Dibben House, Enterprise Road, Southampton, SO16 7NS

Notified 06/04/2016

CompanyRankvs 42+ SIC 58290 peers
89

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£912k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.9M

Current Liabilities

£852k

Fixed Assets

£133k

Debtors

£957k

35avg. employees+7

Tax at Year End

Corp tax£85k
VAT£58k

Director Loans(2024)

Company owes directors£173k

Balance Sheet

Intangible assets£243
Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.19+£49k£1.2M
20242.78-£122k
20233.34+£113k
20226.97+£354k
20212.25+£115k
20205.86
20192.29£1.3M

Derived from filed accounts. Not audited figures.