ITIM LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-20 (in 1mo)
Last made up 2025-06-06
Watchouts
None on the register
Cash
£3M
+174.8% vs 2023
Net assets
-£11M
-7.3% vs 2023
Employees
82
-7.9% vs 2023
Profit before tax
-£723K
+63.9% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £10,464,000 | £11,735,000 | |
| Operating profit | -£1,987,000 | -£568,000 | |
| Profit before tax | -£2,002,000 | -£723,000 | |
| Net profit | -£1,793,000 | -£767,000 | |
| Cash | £937,000 | £2,575,000 | |
| Total assets less current liabilities | -£9,858,000 | -£10,373,000 | |
| Net assets | -£10,507,000 | -£11,274,000 | |
| Equity | -£10,507,000 | -£11,274,000 | |
| Average employees | 89 | 82 | |
| Wages | £5,786,000 | £5,589,000 | |
| Directors' remuneration | £834,000 | £986,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+12.1%
£10,464,000 £11,735,000
-
Cash
+174.8%
£937,000 £2,575,000
-
Net assets
-7.3%
-£10,507,000 -£11,274,000
-
Employees
-7.9%
89 82
-
Operating profit
+71.4%
-£1,987,000 -£568,000
-
Profit before tax
+63.9%
-£2,002,000 -£723,000
-
Wages
-3.4%
£5,786,000 £5,589,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -19.0% | -4.8% | |
| Net margin | -17.1% | -6.5% | |
| Return on capital employed | 20.2% | 5.5% | |
| Gearing (liabilities / total assets) | 198.1% | 206.4% | |
| Current ratio | 0.23x | 0.21x | |
| Interest cover | -132.47x | -40.57x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- ITIM LIMITED 2006-02-08 → present
- ZYGON SYSTEMS LIMITED 1997-03-19 → 2006-02-08
- E-CAT SOLUTIONS LIMITED 1996-07-24 → 1997-03-19
- MIGHTCHARGE LIMITED 1996-06-06 → 1996-07-24
Audit & accounting basis
- Accounting basis
- IFRS
- Auditor
- RPG Crouch Chapman LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Exceptional items relate to costs incurred in relation to the staff restructuring and redundancies”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAYES, Ian Dennis | Secretary | 2010-10-27 | — | — |
| ATHAR, Mahmood Ali | Director | 2002-12-13 | May 1955 | British |
| EVETTS, Simon | Director | 2018-01-24 | Mar 1971 | British |
| FROSELL, Robert Nicholas | Director | 2002-12-13 | Feb 1949 | British |
| HAYES, Ian Dennis | Director | 2006-08-15 | Sep 1964 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CURTIS, Simon Marc | Secretary | 2004-03-17 | 2010-10-27 |
| LANDALE, Peter David Roper | Secretary | 1999-02-02 | 2004-04-22 |
| MCGRILLIS, John | Secretary | 1996-06-24 | 1999-02-11 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1996-06-06 | 1996-06-24 |
| BOSWELL, Andrew James | Director | 2000-12-19 | 2001-06-28 |
| CURTIS, Simon Marc | Director | 2006-11-20 | 2010-10-27 |
| DOBREE, James Saumarez | Director | 1999-02-02 | 2001-09-12 |
| EDWARDS, Stephen | Director | 2002-01-25 | 2002-12-12 |
| HOUGH, Edmund Alan, Dr | Director | 1999-06-29 | 2002-01-25 |
| LANDALE, Peter David Roper | Director | 1996-09-12 | 2004-04-22 |
| LANDALE, Peter David Roper | Director | 1996-06-24 | 1996-09-12 |
| MANN, Robert Fraser | Director | 2001-08-31 | 2003-04-30 |
| MCGRILLIS, John | Director | 1996-09-12 | 1999-02-11 |
| MCGRILLIS, John | Director | 1996-06-24 | 1996-09-12 |
| OSSMAN, Mohamed Hilar | Director | 1996-09-12 | 1998-06-19 |
| SHANTHAKUBAN, Witeyratnam | Director | 1996-09-12 | 2000-01-17 |
| WHEELER, John | Director | 2002-03-27 | 2002-12-12 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1996-06-06 | 1996-06-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Itim Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 186 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-29 | AA | accounts | Accounts with accounts type group | |
| 2024-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-23 | AA | accounts | Accounts with accounts type full | |
| 2023-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-09 | AA | accounts | Accounts with accounts type full | |
| 2022-06-16 | AA | accounts | Accounts with accounts type full | |
| 2022-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-07 | AA | accounts | Accounts with accounts type full | |
| 2021-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-25 | AA | accounts | Accounts with accounts type full | |
| 2020-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-03 | AA | accounts | Accounts with accounts type full | |
| 2019-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-08-01 | AA | accounts | Accounts with accounts type full | |
| 2018-06-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2018-01-24 | AP01 | officers | Appoint person director company with name date | |
| 2017-06-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2017-04-07 | AA | accounts | Accounts with accounts type full | |
| 2017-02-24 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.