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Iit Software Limited

06372333

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LEVEL 18 40 BANK STREET, LONDON, E14 5NR
Incorporated 17/09/2007

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 03/04/2026

Due 17/04/2027

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Sivanesan Matchendran

director · Since 17/08/2009

IT CONSULTANT

BRITISH · ENGLAND · Age 52

Mrs Savithiri Thangavelu

secretary · Since 26/09/2009

OTHER · Age 48

Also on 1 other board

Mrs Savithiri Thangavelu

director · Since 22/05/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr Sivanesan Matchendran

75–100% shares

British · England · Age 52

Level 18, 40 Bank Street, London, E14 5NR

Notified 17/09/2016

CompanyRankvs 27086+ SIC 62012 peers
52

Financial strength7th percentile among SIC peers · 2/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/09/2025

Net Worth

-£36k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£36k

Current Liabilities

£63k

Fixed Assets

£1

Debtors

£11k

10avg. employees

Tax at Year End

VAT£25k

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities-£27k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.57-£29k£506k
20241.16+£21k£284k
2023£315k

Derived from filed accounts. Not audited figures.