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It Tree Limited

13686097

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)
  • Current liabilities exceed current assets (-10)

Details

2 KIBBLE CLOSE, ROMFORD, RM6 4FW
Incorporated 18/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Dhananjaya Babu Maddukuri

director · Since 18/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 5 other boards

Persons with Significant Control

Mr Dhananjaya Babu Maddukuri

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

British · England · Age 45

2, Kibble Close, Romford, RM6 4FW

Notified 18/10/2021

CompanyRankvs 60907+ SIC 62020 peers
50

Financial strength93th percentile among SIC peers · 23/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.28× · 2/20
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 strength23/25 pts

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

Employees5/15 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.

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 31/10/2024

Net Worth

£210k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£23k

Current Liabilities

£80k

Fixed Assets

£478k

Debtors

£9k

1avg. employees

Tax at Year End

Corp tax£9k
VAT£2k

Balance Sheet

Assets less current liabilities£421k
Signed by Mr Dhananjaya Babu Maddukuri 09/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.28+£29k£42k
20231.69+£93k£42k
20221.61£469k

Derived from filed accounts. Not audited figures.