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Bancon-It Ltd

12037423

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

35 NEW BROAD STREET, LONDON, EC2M 1NH
Incorporated 06/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Joerg Mauelshagen

director · Since 06/06/2019

DIRECTOR

GERMAN · GERMANY · Age 59

Bernhard Stricker

director · Since 06/06/2019

DIRECTOR

GERMAN · GERMANY · Age 55

Mr Bradley John Jarrett

director · Since 12/08/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 3 other boards

Persons with Significant Control

Joerg Mauelshagen

Significant control

German · Germany · Age 59

35, New Broad Street, London, EC2M 1NH

Notified 06/06/2019

Bernhard Stricker

Significant control

German · Germany · Age 55

35, New Broad Street, London, EC2M 1NH

Notified 06/06/2019

CompanyRankvs 4577+ SIC 62090 peers
79

Financial strength90th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.01× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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.

Longevity7/15 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 30/06/2025

Net Worth

£165k

Balance sheet strength

Cash

£214k

Cash in the bank

Net Current Assets

£450k

Working capital

Current Assets

£894k

Current Liabilities

£444k

Fixed Assets

£18k

Debtors

£680k

9avg. employees

Tax at Year End

Corp tax£55k
VAT£165k

Director Loans

Company owes directors£313

Balance Sheet

Assets less current liabilities£468k
Signed by Mr Bradley Jarrett 30/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.01+£0£3.3M
20252.01+£379k£3.3M
20241.78-£1k£576k
20231.82-£78k£277k
20220.17+£60k
20217.01-£76k
20203.20

Derived from filed accounts. Not audited figures.