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ITALTECH LIMITED
Company Number: SC138290
Incorporation date: 13-May-1992
Dissolved date: 28-Jun-2016
Status: Dissolved
SIC codes:
61000
SUMMARY
This company is 31.9 years old and is currently dissolved since 28-Jun-2016. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -1.1 thousand which has worsened since the previous year's figure of GBP 1.8 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -2.9 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -1.2 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. . The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Accounts Filed: (31-May-2015)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-May-2014 | GBP | 26,358 | 43,170 | 44,285 | 100 | -1,215 | -1,115 | ||
31-May-2013 | GBP | 13,333 | 36,228 | 34,460 | 100 | 1,668 | 1,768 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
unknown | Angela Marie MYLES | 01 Jan 2009 | 29 Mar 2024 | 0 - 1 | ||
Resigned | Sheona RENFREW | 01 Dec 2005 | 01 Jul 2007 | 0 - 1 | ||
Resigned | Scott John Hogan MYLES | 13 May 1992 | 30 Nov 2005 | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Resigned | Stephen MABBOTT | 13 May 1992 | 13 May 1992 | British | 0 - 995 | 436 (43.8%) | |
Resigned? | Grahame Alexander MYLES | 13 May 1992 | Instrument Engineer | British | 0 - 1 | 1 (100.0%) | |
Resigned | Brian REID | 13 May 1992 | 13 May 1992 | 0 - 2908 | 1263 (43.4%) |
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
No information on directors in other companies.
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
ITALTECH LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
61000 )
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
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LIQUIDATION RISK (BETA)
This company is Dissolved. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
Company status | 100.0% | 100.0% | 100.0% | High |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 0.7% | 3.6% | 7.1% | Medium |
Accounts category | 0.7% | 3.6% | 7.1% | Medium |
Accounting Month | 0.6% | 6.1% | 8.0% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |