Iit Software Limited
06372333
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/05/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 1 other board
Persons with Significant Control
Mr Sivanesan Matchendran
British · England · Age 52
Level 18, 40 Bank Street, London, E14 5NR
Notified 17/09/2016
CompanyRankvs 18165+ SIC 62012 peers59
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£6k
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
£7k
Working capital
Current Assets
£53k
Current Liabilities
£46k
Fixed Assets
£1
Debtors
£41k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.16 | +£21k | £284k |
| 2023 | — | +£36k | £315k |
| 2022 | — | -£36k | £330k |
| 2021 | 0.52 | -£22k | £69k |
| 2020 | 3.82 | +£411 | — |
| 2019 | — | -£7k | — |
Derived from filed accounts. Not audited figures.