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Itch Innovation Uk Limited

12590211

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

30 OAK STREET, SHEFFIELD, S8 9UB
Incorporated 06/05/2020

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 06/05/2026

Due 20/05/2027

On track

Industry

15200
Manufacture of footwear
32500
Manufacture of medical and dental instruments and supplies
74100
Specialised design activities

Officers

Mr Joshua Shires

director · Since 06/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 1 other board

Mr Adam Samuel Bowler

director · Since 22/04/2024

MANAGER

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Joshua Shires

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 36

30, Oak Street, Sheffield, S8 9UB

Notified 06/05/2020

CompanyRankvs 47+ SIC 15200 peers
68

Financial strength93th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.03× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Longevity6/15 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

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

Going Concern Doubt

align expenditure and overheads with available capital. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern. Having considered the status of current funding discussions and available operational measures, the directors have a reasonable expectation that the company will maintain adequate resources

Key FinancialsYear ending 31/05/2026

Net Worth

£837k

Balance sheet strength

Cash

£805k

Cash in the bank

Net Current Assets

£694k

Working capital

Current Assets

£1.0M

Current Liabilities

£343k

Fixed Assets

£143k

Debtors

£232k

11avg. employees+1

Balance Sheet

Assets less current liabilities£837k
Signed by Mr Joshua Shires 21/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20263.03+£320k
20252.18+£20k
20242.20+£447k
20230.94—

Derived from filed accounts. Not audited figures.