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Managed It Services Group Ltd

13042725

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

30-32 HANOVER HOUSE, MANCHESTER, M1 4FD
Incorporated 25/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Mark David Allen

director · Since 25/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Mr James Campbell Fraser Keay Ba Hons Bus Ent

director · Since 28/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 15 other boards

Phil Julian Smith

director · Since 28/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 22 other boards

Adrian Albert Thirkill

director · Since 28/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Mr Wayne Jason Martin

director · Since 06/02/2025

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Robert Napier Keith

25–50% shares
25–50% votes

British · England · Age 71

30-32, Hanover House, Manchester, M1 4FD

Notified 27/01/2022

Former PSCs

Mr Mark David Allen

Ceased 27/01/2022

Charges3 outstanding

Charge
outstanding

HADZOR (JERSEY) LIMITED

Created 06/02/2025Registered 10/02/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/02/2025Registered 10/02/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/03/2024Registered 11/03/2024
Charge
satisfied

GROWTH LENDING 2021 LIMITED

Created 01/02/2022Registered 03/02/2022Satisfied 21/03/2024

CompanyRankvs 43230+ SIC 62090 peers
18

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

-£5.4M

Balance sheet strength

Cash

£109k

Cash in the bank

Net Current Assets

-£8.3M

Working capital

Current Assets

£6.0M

Current Liabilities

£14.3M

Fixed Assets

£13.1M

Debtors

£5.9M

Profit After Tax

-£6.7M

131avg. employees+39

Balance Sheet

Bank loans & overdrafts£9.8M
Assets less current liabilities£4.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42-£4.9M
20231.98-£484k
20222.34+£177k

Derived from filed accounts. Not audited figures.