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Itar Limited

09458756

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2A THE QUADRANT, EPSOM, KT17 4RH
Incorporated 25/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Harvey Starr

director · Since 03/11/2015

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 75

Mr William Stanley Bungay

director · Since 02/03/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 4 other boards

Persons with Significant Control

Mr Rajeev Saxena

Significant control

British · England · Age 60

2a, The Quadrant, Epsom, KT17 4RH

Notified 06/04/2016

Mr William Stanley Bungay

25–50% shares

British · United Kingdom · Age 61

Runway East, 10 Finsbury Square, London, EC2A 1AF

Notified 06/04/2016

Mr Nicholas Alexander Nicolaides

Significant control

British · United Kingdom · Age 53

New Bridge Street House, 30- 34 New Bridge Street, London, EC4V 6BJ

Notified 06/04/2016

Mr Kealan John William

Significant control

British · England · Age 62

New Bridge Street House, 30 -34 New Bridge Street, London, EC4V 6BJ

Notified 06/04/2016

Mr Paul Martin Barnes

Significant control

British · England · Age 72

25, Lexington Street, London, W1F 9AH

Notified 06/04/2016

Former PSCs

Harvey Starr

Ceased 05/04/2019

CompanyRankvs 1919+ SIC 27900 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 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.

Longevity11/15 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 28/02/2025

Net Worth

-£672k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£60k

Working capital

Current Assets

£6k

Current Liabilities

£66k

0avg. employees

Tax at Year End(2020)

Corp tax£3

Balance Sheet

Assets less current liabilities-£60k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09-£169k
20240.16-£197k
20230.11-£70k
20221.01-£24k
20210.32-£66k
2020-£64k

Derived from filed accounts. Not audited figures.