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Apex It Solutions Ltd

15373202

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

FIRST FLOOR, CITY CENTRE SWAN BUILDINGS, 20 SWAN ST, MANCHESTER, M4 5JW
Incorporated 28/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Sajjid Iqbal

director · Since 10/04/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Sajjid Iqbal

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

British · England · Age 44

First Floor, City Centre, Swan Buildings, 20 Swan St, Manchester, M4 5JW

Notified 10/04/2025

Former PSCs

Mr Luqman Mohamed Kassim

Ceased 03/12/2024

Ms Zahida Bibi

Ceased 10/04/2025

CompanyRankvs 25796+ SIC 62090 peers
44

Financial strength83th percentile among SIC peers · 21/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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25796Apex It Solutions Ltd
54
How is this score calculated?
Financial strength21/25 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.

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.

Longevity2/15 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/12/2024

Net Worth

£66k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£339k

Working capital

Current Assets

£26k

Current Liabilities

£365k

Fixed Assets

£405k

Debtors

£11k

8avg. employees

Balance Sheet

Intangible assets£405k
Assets less current liabilities£66k
Signed by Ms Z Bibi,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.07

Derived from filed accounts. Not audited figures.