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Ibit Solutions Limited

05456039

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE MALTINGS, CARDIFF, CF24 5EA
Incorporated 18/05/2005

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 18/10/2025

Due 01/11/2026

On track

Industry

62030
Computer facilities management activities

Officers

Mr Paul Postle

secretary · Since 11/10/2023

Mr Gavin Morgan

director · Since 11/10/2023

DIRECTOR

BRITISH · WALES · Age 55

Also on 11 other boards

Mr Nicholas James Williams

director · Since 11/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Persons with Significant Control

Techsol Group Limited

75–100% shares
75–100% votes

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

Charge
outstanding

HSBC UK BANK PLC

Created 05/02/2024Registered 06/02/2024

CompanyRankvs 756+ SIC 62030 peers
62

Financial strength64th percentile among SIC peers · 16/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees14/15 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

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

6avg. employees+2

Balance Sheet

Assets less current liabilities£9k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.09-£738
20241.04-£147k
20233.44+£46k
20222.31+£16k
20213.78+£14k
20202.56-£4k
20192.71

Derived from filed accounts. Not audited figures.