ITW HOLDINGS XI LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-09-17 (in 4mo)
Last made up 2025-09-03
Watchouts
Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
0
Average over period
Profit before tax
£218K
USD 291,000
-100% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
At the date of this report, the directors intend to apply to wind up the company in the next 12 months. Consequently, the financial statements have not been prepared on the going concern basis. No adjustments arose as a result of ceasing to apply the going concern basis.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | £2,249,953,652 | £217,538 | |
| Net profit | £2,243,257,831 | £162,966 | |
| Cash | £6,641,997 | — | |
| Total assets less current liabilities | £165,956 | — | |
| Net assets | £165,956 | — | |
| Equity | £165,956 | £165,956 | |
| Average employees | 0 | 0 | |
| Wages | £0 | £0 | |
| Directors' remuneration | £0 | £0 |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
—
Not reported
-
Employees
—
Not reported
-
Profit before tax
-100%
£2,249,953,652 £217,538
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Current ratio | 1.03x | — |
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 1 time since incorporation
- ITW HOLDINGS XI LIMITED 2020-09-07 → present
- ITW HOLDINGS XI LTD 2020-09-04 → 2020-09-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“At the date of this report, the directors intend to apply to wind up the company in the next 12 months. Consequently, the financial statements have not been prepared on the going concern basis. No adjustments arose as a result of ceasing to apply the going concern basis.”
Significant events
- “The directors have taken the decision during the year to distribute the company's investments in the form of a dividend in specie. Subsequently, after considering all stakeholders, the directors intend to apply to wind up the company in the next 12 months.”
- “During the year, the company divested its interests in its subsidiary in the year and consequently activities have ceased.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Jonathan | Secretary | 2023-07-17 | — | — |
| HUDSON, Giles Matthew | Director | 2020-09-04 | Feb 1972 | British |
| ROWELL, Stephen James | Director | 2020-09-04 | Dec 1967 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DALE, Ryan Ronald | Secretary | 2020-09-04 | 2023-07-17 |
| S & J REGISTRARS LIMITED | Corporate Secretary | 2020-09-04 | 2021-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Itw Holdings Viii Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-11-02 | Ceased 2024-10-02 |
| Itw Holdings Iii Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-11-02 | Ceased 2022-11-02 |
| Itw Holdings Ii Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2022-11-02 | Ceased 2022-11-02 |
| Itw Holdings Iii Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-09-04 | Ceased 2020-09-04 |
| Itw Holdings Iv Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-09-04 | Ceased 2020-09-04 |
| Itw Holdings V Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-09-04 | Ceased 2020-09-04 |
| Illinois Tool Works Inc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-09-04 | Active |
Filing timeline
Last 20 of 48 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-03 RESOLUTIONS Resolution
- 2024-08-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2024-11-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-11-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-03 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-10-03 | SH20 | capital | Legacy | |
| 2024-10-03 | CAP-SS | insolvency | Legacy | |
| 2024-10-03 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-10 | AA | accounts | Accounts with accounts type full | |
| 2024-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-23 | SH20 | capital | Legacy | |
| 2024-08-23 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-08-23 | CAP-SS | insolvency | Legacy | |
| 2024-08-23 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-07-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-07-08 | AA | accounts | Accounts with accounts type full | |
| 2022-11-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 4
- 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.