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Factum It Limited

10244984

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)
  • Going concern doubt noted in accounts (-10)

Details

19 THE CIRCLE, LONDON, SE1 2JE
Incorporated 22/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr. Iosu Arrizabalaga Cortabarria

director · Since 22/06/2016

DIRECTOR

SPANISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Factum Information Technologies S.L.

75–100% shares
75–100% votes

., Avenida Dos Castillas, Pozuelo De Alarcon, 28224

Reg: B85777977 · Registro Mercantil · Sociedad Limitada

Notified 22/06/2016

CompanyRankvs 51622+ SIC 62090 peers
24

Financial strength11th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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51622Factum It Limited
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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.

Employees0/15 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.

Longevity10/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/06/2025

Net Worth

-£10k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£12k

Current Liabilities

£22k

Fixed Assets

£304

Debtors

£300

Director Loans

Company owes directors£20k

Balance Sheet

Assets less current liabilities-£10k
Signed by Mr. Iosu Arrizabalaga Cortabarria 06/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.55+£0
20250.55-£2k
20240.61-£2k
20230.66-£1k
20221.20—
20211.27—

Derived from filed accounts. Not audited figures.