ITS IVI LTD
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Cash
£18K
-19.5% lowest in 3 filed years
Net assets
-£249K
-4,843.7% lowest in 3 filed years
Employees
26
+52.9% highest in 3 filed years
Profit before tax
-£162K
-327.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £1,244,718 | £1,730,167 | +39% | |
| Operating profit | — | £71,158 | -£141,511 | -298.9% | |
| Profit before tax | — | £71,158 | -£162,022 | -327.7% | |
| Net profit | — | £71,158 | -£254,295 | -457.4% | |
| Cash | £276,536 | £22,448 | £18,062 | -19.5% | |
| Total assets less current liabilities | £688,292 | £378,162 | £75,832 | -79.9% | |
| Net assets | -£65,908 | £5,250 | -£249,045 | -4,843.7% | |
| Equity | -£65,908 | £5,250 | -£249,045 | -4,843.7% | |
| Average employees | 22 | 17 | 26 | +52.9% | |
| Wages | — | £312,836 | £517,919 | +65.6% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | 5.7% | -8.2% | |
| Net margin | — | 5.7% | -14.7% | |
| Return on capital employed | — | 18.8% | -186.6% | |
| Current ratio | — | 0.31x | 0.22x | |
| Interest cover | — | — | -6.90x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MAH, Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. At the year end the company had net current liabilities and is dependent on the financial support of its parent company, IVI Holding Limited. The directors have obtained confirmation from the parent that it will continue to provide financial support as required to enable the company to meet its obligations as they fall due for a period of at least 12 months from the date the financial statements are approved. ... Based on this review, the directors consider that the going concern basis of preparation remains appropriate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATHAK, Atul | Director | 2022-03-19 | Feb 1961 | British |
| PATHAK, Tarspal Kaur | Director | 2022-04-04 | Oct 1960 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PATHAK, Naman | Director | 2022-03-19 | 2022-03-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Atul Pathak | Individual | Shares 50–75% (as firm), Voting 50–75% (as firm), Appoints directors | 2022-04-11 | Active |
| Mr Naman Pathak | Individual | Shares 75–100% (as trust), Voting 75–100% (as trust) | 2022-03-19 | Ceased 2022-04-11 |
Filing timeline
Last 18 of 18 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-02 | AA | accounts | Accounts with accounts type full | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-23 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2024-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-18 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2023-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-09 | SH01 | capital | Capital allotment shares | |
| 2022-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-12 | SH01 | capital | Capital allotment shares | |
| 2022-04-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-04-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-03-21 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-19 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.