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Itsalleco Ltd

14236805

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

28 WILTON ROAD, BEXHILL ON SEA, TN40 1EZ
Incorporated 15/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47890
Retail sale via stalls and markets of other goods
47910
Retail sale via mail order houses or via Internet

Officers

Mr Mark Benjamin Spate

director · Since 15/07/2022

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Mark Benjamin Spate

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

British · United Kingdom · Age 42

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 15/07/2022

CompanyRankvs 3076+ SIC 47890 peers
30

Financial strength53th percentile among SIC peers · 13/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3076Itsalleco Ltd
36
How is this score calculated?
Financial strength13/25 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.

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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements. Turnover Turnover represents net invoiced sales of goods, excluding value added tax. Turnover is recognised when the company receives

Key FinancialsYear ending 31/07/2024

Net Worth

£302

Balance sheet strength

Cash

£975

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£30k

Current Liabilities

£32k

Fixed Assets

£2k

Debtors

£742

0avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Assets less current liabilities£699
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.96
20230.96

Derived from filed accounts. Not audited figures.