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Item42 Ltd

10497028

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

C/O OZKAN ACCOUNTANTS LTD 2ND FLOOR, SUITE 12, VANTAGE POINT, BRIGHTON, BN1 4GW
Incorporated 25/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Bret Ware

director · Since 25/11/2016

3D ARTIST

BRITISH · ENGLAND · Age 34

Mr Regan Ware

director · Since 25/11/2016

PROGRAMMER

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Mr Bret Ware

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

British · England · Age 34

C/O Ozkan Accountants Ltd, 2nd Floor, Suite 12, Vantage Point, Brighton, BN1 4GW

Notified 25/11/2016

Mr Regan Ware

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

British · England · Age 33

C/O Ozkan Accountants Ltd, 2nd Floor, Suite 12, Vantage Point, Brighton, BN1 4GW

Notified 25/11/2016

Former PSCs

Mr Chris Browne

Ceased 24/09/2018

CompanyRankvs 406+ SIC 62011 peers
79

Financial strength87th percentile among SIC peers · 22/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.86× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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406Item42 Ltd
78
How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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.

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.

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

Key FinancialsYear ending 30/11/2025

Net Worth

£68k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£64k

Working capital

Current Assets

£98k

Current Liabilities

£34k

Fixed Assets

£5k

2avg. employees
Signed by Mr R Ware,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.86+£25k
20241.57+£35k
20231.82—
20220.90—
20211.11-£15k
20202.33+£11k
20192.22+£13k
20181.53—

Derived from filed accounts. Not audited figures.