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Ite Construction Limited

14265773

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

960 CAPABILITY GREEN, LUTON, LU1 3PE
Incorporated 31/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
42990
Construction of other civil engineering projects
43390
Other building completion and finishing

Officers

Mr Oliger Bushi

director · Since 31/07/2022

DIRECTOR

ALBANIAN · ENGLAND · Age 30

Also on 6 other boards

Persons with Significant Control

Mr Oliger Bushi

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

Albanian · England · Age 30

960, Capability Green, Luton, LU1 3PE

Notified 31/07/2022

CompanyRankvs 24089+ SIC 41201 peers
37

Financial strength13th percentile among SIC peers · 3/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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24089Ite Construction Limited
32
How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

-£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£18k

Current Liabilities

£20k

Debtors

£18k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£2k
Signed by Mr Oliger Bushi 29/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92-£20k
20241.00+£97
20235.16—

Derived from filed accounts. Not audited figures.