Back to search

Change-It Public Sector Limited

10323289

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

32 THE PARKLANDS, STOURBRIDGE, DY9 7JT
Incorporated 10/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr David James Malkin

director · Since 10/08/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 4 other boards

Persons with Significant Control

Change-It Group Holdings Limited

50–75% shares
50–75% votes

27, Old Gloucester Street, London, WC1N 3AX

Reg: 13380920 · England And Wales · Limited Company

Notified 27/01/2023

Former PSCs

Mr David James Malkin

Ceased 27/01/2023

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 14/07/2021Registered 23/07/2021
Charge
satisfied

QUBA SOLUTIONS LIMITED

Created 09/03/2020Registered 09/03/2020Satisfied 08/09/2022

CompanyRankvs 21996+ SIC 62020 peers
60

Financial strength77th percentile among SIC peers · 19/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength19/25 pts

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

Employees14/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£43k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£402k

Current Liabilities

£358k

Fixed Assets

£5k

Debtors

£363k

6avg. employees+1

Balance Sheet

Assets less current liabilities£48k
Signed by Mr D Malkin 21st May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.12-£15k
20241.27-£168k
20232.07+£213k
20221.24-£5k
20211.31+£11k
20201.47+£816
20192.97-£579
20182.44

Derived from filed accounts. Not audited figures.