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Itsx Ltd

12953882

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

13TH FLOOR, MANCHESTER, M1 4BT
Incorporated 15/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Chris George Morgan

director · Since 15/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr Anthony Scott Daglish

director · Since 20/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr Nathan Wayne Edwards

director · Since 20/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Khirthivasan Shanmugavel

director · Since 20/11/2020

DIRECTOR

INDIAN · INDIA · Age 35

Mr Daniel Richard Ward

director · Since 14/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 5 other boards

Persons with Significant Control

Mr Chris George Morgan

Significant control

British · England · Age 44

13th Floor, Piccadilly Plaza, Manchester, M1 4BT

Notified 15/10/2020

Mr Daniel Richard Ward

Significant control

British · England · Age 50

13th Floor, Piccadilly Plaza, Manchester, M1 4BT

Notified 15/10/2020

Former PSCs

Mr Barry Clive Pilling

Ceased 07/04/2022

CompanyRankvs 82859+ SIC 62020 peers
43

Financial strength2th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 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.

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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£61k

Balance sheet strength

Cash

£225k

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£655k

Current Liabilities

£738k

Fixed Assets

£27k

Debtors

£430k

19avg. employees+1

Balance Sheet

Assets less current liabilities-£55k
Signed by Mr Chris Morgan 07/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£46k
20241.06-£87k
20210.88

Derived from filed accounts. Not audited figures.