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I-Tec Installations Ltd

07827485

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

6 LARKSPUR WAY, WALSALL, WS8 7RA
Incorporated 28/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Ivan James Berry

director · Since 28/10/2011

ELECTRICIAN

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Ivan James Berry

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

British · England · Age 52

6, Larkspur Way, Walsall, WS8 7RA

Notified 06/04/2016

CompanyRankvs 46049+ SIC 41100 peers
39

Financial strength10th percentile among SIC peers · 3/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other

Key FinancialsYear ending 31/10/2023

Net Worth

-£33k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£83k

Current Liabilities

£102k

Fixed Assets

£3k

Debtors

£21k

2avg. employees

Tax at Year End

Corp tax£8k

Balance Sheet

Assets less current liabilities-£17k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.81

Derived from filed accounts. Not audited figures.