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Itp Electrical Limited

07209859

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

18 BONYTHON ROAD, NEWQUAY, TR7 3AN
Incorporated 31/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

09900
Support activities for other mining and quarrying
43210
Electrical installation

Officers

Craig Atkins

secretary · Since 31/03/2010

Mr Craig Atkins

director · Since 31/03/2010

ELECTRICAL CONTRACTOR

AUSTRALIAN · UNITED KINGDOM · Age 58

Mr David Andrew Magor

director · Since 02/04/2023

ELECTRICIAN

BRITISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Craig Patrick Atkins

25–50% shares
25–50% votes
Appoint directors

Australian · England · Age 59

18, Bonython Road, Newquay, TR7 3AN

Notified 06/04/2016

Mr David Andrew Magor

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

18, Bonython Road, Newquay, TR7 3AN

Notified 01/04/2023

CompanyRankvs 49+ SIC 09900 peers
82

Financial strength83th percentile among SIC peers · 21/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.54× · 16/20
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 strength21/25 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.

Liquidity16/20 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 31/03/2025

Net Worth

£230k

Balance sheet strength

Cash

£100k

Cash in the bank

Net Current Assets

£173k

Working capital

Current Assets

£495k

Current Liabilities

£322k

Fixed Assets

£64k

Debtors

£370k

18avg. employees+3

Tax at Year End

Corp tax£25k

Director Loans

Company owes directors£23k
Directors owe company£19k

Balance Sheet

Assets less current liabilities£237k
Signed by Mr Craig Atkins Mr David Andrew Magor 22nd December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.54+£22k
20241.51+£101k
20231.40

Derived from filed accounts. Not audited figures.