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City It Solutions Ltd

13800912

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT 8 OFFICE 50 ILFORD PLAZA, ILFORD ESSEX, IG1 2LX
Incorporated 14/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Yusuf Hussain

director · Since 14/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 25

Also on 4 other boards

Persons with Significant Control

Mr Yusuf Hussain

75–100% shares

British · United Kingdom · Age 25

Unit 8 Office 50 Ilford Plaza, 350-352 Ilford Lane, Ilford Essex, IG1 2LX

Notified 14/12/2021

CompanyRankvs 65465+ SIC 62020 peers
52

Financial strength48th percentile among SIC peers · 12/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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65465City It Solutions Ltd
47
How is this score calculated?
Financial strength12/25 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.

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 31/12/2024

Net Worth

£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£677

Working capital

Current Assets

£11k

Current Liabilities

£11k

Fixed Assets

£4k

6avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94+£894
20235.33—
20222.14—

Derived from filed accounts. Not audited figures.