Back to search

Nettitude Ltd

04705154

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1, TRINITY PARK, BIRMINGHAM, B37 7ES
Incorporated 20/03/2003

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

46510
Wholesale of computers, computer peripheral equipment and software
62020
Information technology consultancy activities

Officers

Mr Simon David Payne

director · Since 19/02/2024

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 4 other boards

Mr Colin David Benson

director · Since 15/05/2024

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Mr Benjamin Peter Turner

director · Since 15/05/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Persons with Significant Control

Lrqa Group Limited

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

1, Trinity Park, Bickenhill Lane, Birmingham, B37 7ES

Reg: 1217474 · Registrar Of Companies · Private Limited Company

Notified 15/03/2018

Former PSCs

Mr Rowland Alexander Johnson

Ceased 15/03/2018

Mrs Kerry Johnson

Ceased 15/03/2018

Charges0 outstanding

Charge
satisfied

GLAS TRUST CORPORATION LIMITED (AS PLEDGEE AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREE

Created 29/07/2022Registered 03/08/2022Satisfied 30/03/2026
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 07/08/2015Registered 13/08/2015Satisfied 02/03/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/10/2013Registered 25/10/2013Satisfied 06/03/2018

CompanyRankvs 1950+ SIC 46510 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

Employees15/15 pts

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

Liquidity12/20 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

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

Going Concern Doubt

appropriate; or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue . NETTITUDE LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) T

Key FinancialsYear ending 30/06/2019

Turnover

£19.7M

Annual revenue

Net Worth

£4.2M

Balance sheet strength

Cash

£120k

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£3.5M

Working capital

Current Assets

£10.5M

Current Liabilities

£7.0M

Fixed Assets

£749k

Debtors

£383k

Cost of Sales

£10.6M

Gross Profit

£9.1M

Admin Expenses

£7.3M

Operating Profit

£2.0M

Profit After Tax

£1.7M

134avg. employees

Tax at Year End

Dividends paid£269k

People Costs

Wages & salaries£10.4M
NI contributions£1.2M

Balance Sheet

Intangible assets£466k
Assets less current liabilities£4.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20191.49

Derived from filed accounts. Not audited figures.