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On It Tech Ltd

11633120

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

SUITE ONE PEEL MILLS, MORLEY, LS27 8AG
Incorporated 19/10/2018

Compliance

Last accounts

31/12/2023

micro entity

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 11/01/2024

Due 25/01/2025

Overdue

Industry

62020
Information technology consultancy activities

Officers

Mr Christopher Alan Powell

director · Since 16/10/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 11 other boards

Persons with Significant Control

Pb Outsource Limited

75–100% shares
75–100% votes
Appoint directors

The 1812 Building, Wheatle Park, Mirfield, WF14 8HE

Reg: 08143377 · Companies House · Limited Company

Notified 19/10/2018

Former PSCs

Mr Thomas William Newham

Ceased 17/08/2023

3r Holdings Limited

Ceased 17/08/2023

Insolvency History1 case

creditors voluntary liquidation13/09/2024

Michael Royce (practitioner)

CompanyRankvs 15+ SIC 62020 peers
15

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

-£198k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£197k

Working capital

Current Assets

£38k

Current Liabilities

£235k

Fixed Assets

£26k

5avg. employees

Balance Sheet

Assets less current liabilities-£171k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.16

Derived from filed accounts. Not audited figures.