Ith Festivals Limited
10565031
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 27/09/2025
Due 11/10/2026
Industry
Officers
director · Since 29/07/2022
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 13 other boards
director · Since 27/04/2026
BRITISH · ENGLAND · Age 45
Also on 6 other boards
Persons with Significant Control
Optimum Defected Holdings Limited
Arnold House, 21-33 Great Eastern Street, London, EC2A 3EJ
Reg: 14058237 · Register Of Companies · Private Limited Company
Notified 29/07/2022
Former PSCs
Mr Simon Dunmore
Ceased 29/07/2022
CompanyRankvs 153970+ SIC 93290 peers33
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£151k
Balance sheet strength
Cash
£562k
Cash in the bank
Net Current Assets
-£174k
Working capital
Current Assets
£3.1M
Current Liabilities
£3.3M
Fixed Assets
£29k
Debtors
£2.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.95 |
| 2023 | 1.00 |
| 2022 | 1.01 |
| 2021 | 1.02 |
| 2020 | 1.04 |
| 2019 | 1.00 |
| 2018 | 1.00 |
Derived from filed accounts. Not audited figures.