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Borough It Limited

04930462

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

40 RUSHWORTH STREET, LONDON, SE1 0RB
Incorporated 13/10/2003

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/10/2025

Due 19/10/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Timothy Paul Simmons

director · Since 12/01/2026

BRITISH · ENGLAND · Age 60

Also on 6 other boards

Persons with Significant Control

Glass And Glazing Federation

75–100% shares

40, Rushworth Street, London, SE1 0RB

Reg: 04063012 · Uk · Private Company Limited By Guarantee

Notified 05/10/2016

CompanyRankvs 28636+ SIC 62090 peers
40

Financial strength22th percentile among SIC peers · 6/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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28636Borough It Limited
50
How is this score calculated?
Financial strength6/25 pts

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

Employees2/15 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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the Directors are responsible for assessing the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Directors either intend to liquidate the Company or to cease opera

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£1

Working capital

Current Assets

£22k

Current Liabilities

£22k

Debtors

£8k

0avg. employees-5

Tax at Year End

Dividends paid£1.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00—
20223.15-£657k
202117.33-£226k
20206.64+£447
20195.70—

Derived from filed accounts. Not audited figures.