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It Farm Limited

05710515

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

30-32 HANOVER HOUSE, MANCHESTER, M1 4FD
Incorporated 15/02/2006

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/01/2026

Due 11/02/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Mark David Allen

director · Since 28/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 17 other boards

Phil Julian Smith

director · Since 28/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 22 other boards

Persons with Significant Control

Managed It Services Group Ltd

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

Unit 10, Clock Court, Campbell Way, Sheffield, S25 3QD

Reg: 13042725 · Companies House · Private Company Limited By Shares

Notified 28/05/2021

Former PSCs

Dr James Edwin Huntington

Ceased 28/05/2021

Charges3 outstanding

Charge
outstanding

HADZOR (JERSEY) LIMITED AS SECURITY TRUSTEE

Created 19/11/2025Registered 19/11/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/02/2025Registered 10/02/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/03/2024Registered 11/03/2024
Charge
satisfied

GROWTH LENDING 2021 LIMITED

Created 01/02/2022Registered 04/02/2022Satisfied 21/03/2024
Charge
satisfied

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 20/05/2021Registered 21/05/2021Satisfied 22/02/2022

CompanyRankvs 3484+ SIC 62020 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.46× · 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 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£882k

Balance sheet strength

Cash

£178k

Cash in the bank

Net Current Assets

£871k

Working capital

Current Assets

£2.8M

Current Liabilities

£1.9M

Fixed Assets

£37k

Debtors

£2.6M

9avg. employees

Balance Sheet

Assets less current liabilities£908k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.46+£869k
20231.01-£1k
20221.08-£196k
20211.13-£114k
20202.16+£111k
20191.68+£66k
20181.45

Derived from filed accounts. Not audited figures.