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It Workhouse Ltd

12045999

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

THE OLD WORKHOUSE, KINGSBRIDGE, TQ7 1EQ
Incorporated 12/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr John Mcpetrie

director · Since 12/06/2019

IT CONSULTANCY

ENGLISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Alexander Hugh Robertson

director · Since 12/06/2019

IT CONSULTANT

ENGLISH · ENGLAND · Age 33

Persons with Significant Control

Mr John Mcpetrie

25–50% shares
25–50% votes
Appoint directors

English · United Kingdom · Age 54

The Old Workhouse, Higher Union Road, Kingsbridge, TQ7 1EQ

Notified 12/06/2019

Mr Alexander Hugh Robertson

25–50% shares
25–50% votes
Appoint directors

English · England · Age 33

The Old Workhouse, Higher Union Road, Kingsbridge, TQ7 1EQ

Notified 12/06/2019

CompanyRankvs 24630+ SIC 62090 peers
60

Financial strength71th percentile among SIC peers · 18/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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24630It Workhouse Ltd
55
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.

Liquidity6/20 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

£17k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£51k

Current Liabilities

£54k

Fixed Assets

£33k

6avg. employees

Balance Sheet

Assets less current liabilities£31k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.95-£12k
20241.19-£13k
20231.38+£14k
20221.40-£11k
20212.33-£1k
20202.41—

Derived from filed accounts. Not audited figures.