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Itechwire Ltd

11698111

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 27/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Michael Erekpaine

director · Since 27/11/2018

IT

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

Mr Michael Erekpaine

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm

British · England · Age 51

128, City Road, London, EC1V 2NX

Notified 27/11/2018

CompanyRankvs 22180+ SIC 62020 peers
70

Financial strength86th percentile among SIC peers · 22/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 8.07× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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22180Itechwire Ltd
69
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.

Employees5/15 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.

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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£87k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£85k

Working capital

Current Assets

£97k

Current Liabilities

£12k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£87k
Signed by Michael Erekpaine 01/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.07+£0
20248.07-£9k
2023—-£10k
20224.63+£51k
20213.77—

Derived from filed accounts. Not audited figures.