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Godfreys I.T. Limited

05887957

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

5-7 PINBUSH ROAD, LOWESTOFT, NR33 7NL
Incorporated 26/07/2006

Compliance

Last accounts

31/01/2025

full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 22/07/2025

Due 05/08/2026

On track

Industry

47190
Other retail sale in non-specialised stores
47910
Retail sale via mail order houses or via Internet

Officers

Mr Michael Philip Parker

director · Since 27/06/2007

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Liam Haggar-Pietrzak

director · Since 01/07/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Duncan Peter Palmer

director · Since 15/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Buyaparcel Limited

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

5-7, Pinbush Road, Lowestoft, NR33 7NL

Reg: 09331128 · Uk Register Of Companies · Private Limited Company

Notified 03/02/2020

Former PSCs

Mr Michael Philip Parker

Ceased 03/02/2020

Mr James Ronald Godfrey

Ceased 03/02/2020

Mrs Faye Maria Godfrey

Ceased 03/02/2020

Mr Duncan Peter Palmer

Ceased 03/02/2020

Mr Liam Haggar-Pietrzak

Ceased 03/02/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 03/04/2024Registered 08/04/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 30/10/2017Registered 01/11/2017Satisfied 23/05/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 03/06/2016Registered 08/06/2016Satisfied 23/05/2023

CompanyRankvs 95+ SIC 47190 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.04× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/01/2026

Turnover

£23.0M

Annual revenue

Net Worth

£3.4M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

£918k

Bottom line earnings

Net Current Assets

£3.3M

Working capital

Current Assets

£6.5M

Current Liabilities

£3.2M

Fixed Assets

£1.2M

Debtors

£1.8M

Cost of Sales

£15.9M

Gross Profit

£7.1M

Admin Expenses

£1.8M

Operating Profit

£949k

Profit After Tax

£685k

39avg. employees+2

Tax at Year End

Corp tax£241k
Dividends paid£707k

People Costs

Wages & salaries£1.0M
NI contributions£110k

Balance Sheet

Intangible assets£14k
Bank loans & overdrafts£65k
Assets less current liabilities£4.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20262.04-£1.7M
20232.65

Derived from filed accounts. Not audited figures.