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It Work Solutions Ltd.

09238611

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

32 OXLADE DRIVE, SLOUGH, SL3 7SX
Incorporated 29/09/2014

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 03/05/2026

Due 17/05/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mrs Sandhya Rani Deepika Kotha

director · Since 29/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 45

Mr Shiva Kumar Buddhula

director · Since 01/03/2015

IT

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mrs Sandhya Rani Deepika Kotha

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

British · England · Age 45

32, Oxlade Drive, Slough, SL3 7SX

Notified 01/10/2019

Former PSCs

Mr Shiva Kumar Buddhula

Ceased 01/10/2019

Mr Shiva Kumar Buddhula

Ceased 01/10/2019

CompanyRankvs 11897+ SIC 62020 peers
76

Financial strength72th percentile among SIC peers · 18/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.12× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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

£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£33k

Current Liabilities

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£27k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20245.12-£6k
20232.69+£14k
20223.47-£64k
20215.48+£70k
20201.44-£275
20191.67-£11k
20181.50

Derived from filed accounts. Not audited figures.