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Itbs - It And Business Systems Limited

08536881

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

2 BEDFORD TERRACE, NORTH SHIELDS, NE29 0AW
Incorporated 20/05/2013

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 24/07/2025

Due 07/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr George Mast Stein

director · Since 16/07/2019

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Persons with Significant Control

Mr Georgios Papavasileiou

75–100% votes
Appoint directors

Greek · Greece · Age 75

2, Bedford Terrace, North Shields, NE29 0AW

Notified 01/07/2023

CompanyRankvs 15791+ SIC 62012 peers
62

Financial strength65th percentile among SIC peers · 16/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 31/05/2025

Net Worth

£8k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£28k

Current Liabilities

£20k

Debtors

-£81

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.41-£530
20241.24+£22k
20230.53-£3k
20220.90-£15k
20211.05+£2k
20201.03-£2k
20190.92

Derived from filed accounts. Not audited figures.