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Itm Economic Development Ltd

07750172

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

53 ST. MARTINS ROAD, COVENTRY, CV3 6FD
Incorporated 23/08/2011

Compliance

Last accounts

30/08/2024

micro entity

Next accounts due

30/08/2026

On track

Confirmation statement

Last: 23/08/2025

Due 06/09/2026

On track

Industry

82990
Other business support service activities

Officers

Mr Sarabjeet Singh Soar Obe

director · Since 23/08/2011

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 4 other boards

Persons with Significant Control

Mr Sarabjeet Singh Soar

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 70

53, St. Martins Road, Coventry, CV3 6FD

Notified 04/08/2016

CompanyRankvs 89130+ SIC 82990 peers
47

Financial strength4th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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89130Itm Economic Development Ltd
47
How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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 30/08/2025

Net Worth

-£62k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£9k

Current Liabilities

£80k

Fixed Assets

£28k

6avg. employees

Balance Sheet

Assets less current liabilities-£43k
Signed by Mr S Soar,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.12-£71k
20241.05+£2k
20230.99—

Derived from filed accounts. Not audited figures.