Back to search

Iter Technology Limited

13842051

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

6 STRATFIELD SAYE, BOURNEMOUTH, BH8 8JN
Incorporated 11/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Anthony Prest

director · Since 11/01/2022

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 69

Mr Michael James Charles Prest

director · Since 03/02/2022

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 4 other boards

Persons with Significant Control

Mr Michael James Charles Prest

50–75% shares

British · United Kingdom · Age 37

6 Stratfield Saye, 20-22 Wellington Road, Bournemouth, BH8 8JN

Notified 08/02/2023

Former PSCs

Mr Anthony Prest

Ceased 08/02/2023

CompanyRankvs 61338+ SIC 62090 peers
24

Financial strength5th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees2/15 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.

Longevity4/15 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 31/12/2025

Net Worth

-£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£348

Working capital

Current Assets

£348

Current Liabilities

£49k

Fixed Assets

£0

0avg. employees

Balance Sheet

Assets less current liabilities£348
Signed by 1.1.25Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£517
20240.02-£5k
20230.14-£37k
20220.03

Derived from filed accounts. Not audited figures.