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Its On Computer Ltd

13564505

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 13/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46510
Wholesale of computers, computer peripheral equipment and software
46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Hanif Ullah Khan

director · Since 07/03/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Persons with Significant Control

Mr Hanif Ullah Khan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 52

13, Angelica Drive, London, E6 6NS

Notified 07/03/2022

Former PSCs

Rafiullah Khan

Ceased 07/03/2022

CompanyRankvs 2163+ SIC 46510 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity5 years trading (max 15) · 5/15
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.

Employees11/15 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.

Longevity5/15 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 31/08/2024

Net Worth

-£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£6k

Current Liabilities

£10k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.53-£31k
20237.00
20222.60

Derived from filed accounts. Not audited figures.