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It3 Ltd

06980717

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LOWER DEAN FARM DEAN, BARNSTAPLE, EX31 4PJ
Incorporated 04/08/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Oliver Jonathan Eames

director · Since 04/08/2009

DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Simon David Pitt

director · Since 04/08/2009

DIRECTOR

BRITISH · WALES · Age 49

Persons with Significant Control

Mr Oliver Jonathan Eames

50–75% shares
50–75% votes

British · England · Age 43

5 Birch Drive, Billingshurst, RH14 9RH

Notified 06/04/2016

Mr Simon David Pitt

25–50% shares
25–50% votes

British · Wales · Age 49

Ty Grwyne, Glangrwyney, Crickhowell, NP8 1EF

Notified 06/04/2016

CompanyRankvs 28638+ SIC 62090 peers
54

Financial strength16th percentile among SIC peers · 4/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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28638It3 Ltd
50
How is this score calculated?
Financial strength4/25 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 30/09/2024

Net Worth

-£2k

Balance sheet strength

Cash

£110k

Cash in the bank

Net Current Assets

-£91k

Working capital

Current Assets

£178k

Current Liabilities

£269k

Fixed Assets

£145k

Debtors

£61k

10avg. employees-1

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities£54k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66-£5k
20230.55—

Derived from filed accounts. Not audited figures.