Ibit Solutions Limited
05456039
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 18/10/2025
Due 01/11/2026
Industry
Officers
secretary · Since 11/10/2023
director · Since 11/10/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 3 other boards
Persons with Significant Control
Techsol Group Limited
The Maltings, East Tyndall Street, Cardiff, CF24 5EZ
Reg: 03268851 · Companies House · Limited
Notified 11/10/2023
Former PSCs
Mr Kevin John Lawless
Ceased 03/03/2022
Mr Andrew Parkes
Ceased 25/09/2019
Mrs Simone Jayne Lawless
Ceased 08/06/2018
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 756+ SIC 62030 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£9k
Working capital
Current Assets
£101k
Current Liabilities
£92k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.09 | -£738 |
| 2024 | 1.04 | -£147k |
| 2023 | 3.44 | +£46k |
| 2022 | 2.31 | +£16k |
| 2021 | 3.78 | +£14k |
| 2020 | 2.56 | -£4k |
| 2019 | 2.71 | — |
Derived from filed accounts. Not audited figures.