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Connected It Contract Limited

11080474

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WEWORK, MANCHESTER, M2 3DE
Incorporated 23/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Vincent Stevenson

director · Since 23/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Simon Corney

director · Since 01/12/2017

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Connected It Recruitment Ltd

25–50% shares
25–50% votes

Wework, 1 St. Peters Square, Manchester, M2 3DE

Reg: 09409239 · Companies House · Corporate

Notified 23/11/2017

Mr Simon Corney

25–50% shares
25–50% votes

British · England · Age 53

Wework, 1 St. Peters Square, Manchester, M2 3DE

Notified 01/12/2017

Charges1 outstanding

Charge
outstanding

MITSUBISHI HC CAPITAL UK PLC

Created 03/12/2024Registered 03/12/2024
Charge
satisfied

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 30/01/2018Registered 31/01/2018Satisfied 07/01/2025

CompanyRankvs 25678+ SIC 62020 peers
48

Financial strength72th percentile among SIC peers · 18/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

Longevity9/15 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

Outstanding charges: -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 conc

Key FinancialsYear ending 31/01/2026

Net Worth

£29k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£125k

Current Liabilities

£96k

Fixed Assets

£119

Debtors

£94k

3avg. employees

Tax at Year End

Corp tax£145
VAT£17k

Director Loans

Directors owe company£19k

Balance Sheet

Assets less current liabilities£29k
Signed by Mr Simon Corney 31/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20261.30-£65k£341k
20251.59-£65k£531k
20241.32-£14k
20231.21

Derived from filed accounts. Not audited figures.