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Item2 Ltd

05163122

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

CORNERSTONES MAIN ROAD, CHELTENHAM, GL51 4XF
Incorporated 25/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26702
Manufacture of photographic and cinematographic equipment

Officers

Mark Welsh

secretary · Since 25/06/2004

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Emma Welsh

director · Since 25/06/2004

DIRECTOR

BRITISH · ENGLAND · Age 55

Mark Welsh

director · Since 25/06/2004

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Emma Welsh

25–50% shares
25–50% votes

British · England · Age 55

Cornerstones, Main Road, Cheltenham, GL51 4XF

Notified 06/04/2016

Mark Welsh

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

British · England · Age 55

Cornerstones, Main Road, Cheltenham, GL51 4XF

Notified 06/04/2016

CompanyRankvs 35+ SIC 26702 peers
66

Financial strength54th percentile among SIC peers · 14/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.06× · 12/20
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 strength14/25 pts

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

Employees10/15 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.

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

£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£30k

Current Liabilities

£28k

Fixed Assets

£3k

2avg. employees

Balance Sheet

Assets less current liabilities£5k
Signed by Mr Mark Welsh 25/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.06+£0
20251.06
20240.91
20230.97-£951
20220.98-£50k
20212.40

Derived from filed accounts. Not audited figures.