Itransition Group Limited
05915098
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 03/10/2018
Persons with Significant Control
Itransition Holdco Limited
7, Bell Yard, London, WC2A 2JR
Notified 17/12/2024
Former PSCs
Mr Sergey Gvardeitsev
Ceased 17/12/2024
Itransition Holding Ltd
Ceased 19/07/2024
Mr Vadim Uzberg
Ceased 17/12/2024
Charges0 outstanding
LLOYDS BANK PLC
CompanyRankvs 2894+ SIC 62012 peers70
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to Note 18 in the financial statements, which discusses the ongoing COVID-19 pandemic and the conflict in Ukraine. These events, along with other matters as set forth i
Key FinancialsYear ending 31/12/2024
Turnover
£50.8M
Annual revenue
Net Worth
£972k
Balance sheet strength
Cash
£7.4M
Cash in the bank
Profit Before Tax
£1.9M
Bottom line earnings
Net Current Assets
£983k
Working capital
Current Assets
£14.5M
Current Liabilities
£13.5M
Fixed Assets
£11k
Debtors
£7.1M
Cost of Sales
£46.2M
Gross Profit
£4.7M
Admin Expenses
£2.9M
Operating Profit
£1.8M
Profit After Tax
£1.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.07 | +£333k |
| 2023 | 1.06 | -£237k |
| 2022 | 1.05 | +£36k |
| 2021 | 1.08 | +£517k |
| 2019 | 1.05 | +£30k |
| 2018 | 1.06 | — |
| 2016 | 1.12 | — |
Derived from filed accounts. Not audited figures.