CompanyTrack
Sign Up Log In
I

ITEC CONNECT LTD

Active Bristol

Other information technology service activities

38 employees Website
Information technology, telecommunications and data Other information technology service activitiesPhotocopying, document preparation and other specialised office support activities +1
I

ITEC CONNECT LTD

Other information technology service activities

Founded 10 Feb 1988 Active Bristol, United Kingdom 38 employees itecgroup.co.uk
Information technology, telecommunications and data Other information technology service activitiesPhotocopying, document preparation and other specialised office support activitiesOther business support service activities n.e.c.
Accounts Submitted 30 Sept 2025
Confirmation Statement Submitted 26 Sept 2025
Net assets £745.29K £1.91M 2023 year on year
Total assets £22.03M £1.28M 2023 year on year
Total Liabilities £21.29M £3.20M 2023 year on year
Charges 23
12 outstanding 11 satisfied

AI Analysis

AI Analysis

Analyze director networks, ownership patterns, and company connections

CompanyTrack AI can make mistakes. Check important info.

Contact & Details

Contact

Update Details

Registered Address

Itec House Hawkfield Way Whitchurch Bristol BS14 0BL

Office (London)

1st Floor, 7 Birchin Ln, London EC3V 9BW

Telephone

0117 951 1500

Credit Report

Discover ITEC CONNECT LTD's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

£145.70k

Decreased by £56.82k (-28%)

Net Assets

£745.29k

Decreased by £1.91M (-72%)

Total Liabilities

£21.29M

Increased by £3.20M (+18%)

Turnover

£44.26M

Increased by £11.29M (+34%)

Employees

38

Decreased by 11 (-22%)

Debt Ratio

97%

Increased by 10 (+11%)
See 10 Year Full Financials

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

2 active 20 resigned
Status
David Brian DyasDirectorBritishEngland6219 Mar 2020Active
Paolo RossettiDirectorBritishEngland557 Oct 2022Active

Shareholders

Shareholders (4)

Arena Group Holdings Limited
3.1%
6420 Sept 2021
Xerox (uk) Ltd
0.0%
020 Sept 2021
Xerox (uk) Ltd
0.0%
020 Sept 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Arena Group Holdings Limited

United Kingdom

Active
Notified 30 Apr 2021
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Xerox (uk) Limited

Ceased 30 Apr 2021

Ceased

Itec Group Ltd

Ceased 1 Mar 2017

Ceased

Investment Itec Connect Ltd

Ceased 19 Mar 2020

Ceased
See All Controllers

Group Structure

Group Structure

ARENA GROUP HOLDINGS LIMITED united kingdom shares 75 to 100 percent
XEROX (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
XEROX CAPITAL (EUROPE) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
XEROX LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
XEROX OVERSEAS HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors, significant influence or control as firm
XEROX UK HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
XEROX INVESTMENTS EUROPE BV netherlands
ITEC CONNECT LTD Current Company
CITRUS DIGITAL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors as firm, significant influence or control as firm
COPYRITE BUSINESS SOLUTIONS (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
CRITERION IT LTD. united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
MAIL A DOC LIMITED united kingdom shares 75 to 100 percent
REFLEX DIGITAL SOLUTIONS (UK) LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
STEM NETWORKS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
TIME BUSINESS SYSTEMS LIMITED united kingdom shares 75 to 100 percent
UNA-STEM LIMITED united kingdom shares 75 to 100 percent

Charges

Charges

12 outstanding 11 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
30 Sept 2025AccountsAnnual accounts filedView(66 pages)
30 Sept 2025AccountsAnnual accounts made up to 2024-12-31View(25 pages)
30 Sept 2025OtherAudit exemption statement of guarantee by parent company for period ending 31/12/24View(3 pages)
30 Sept 2025OtherNotice of agreement to exemption from audit of accounts for period ending 31/12/24View(1 page)
26 Sept 2025Confirmation StatementConfirmation statement made on 2025-09-20 with no updatesView(3 pages)
30 Sept 2025 Accounts

Annual accounts filed

View Document(66 pages)
30 Sept 2025 Accounts

Annual accounts made up to 2024-12-31

View Document(25 pages)
30 Sept 2025 Other

Audit exemption statement of guarantee by parent company for period ending 31/12/24

View Document(3 pages)
30 Sept 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

View Document(1 page)
26 Sept 2025 Confirmation Statement

Confirmation statement made on 2025-09-20 with no updates

View Document(3 pages)

Recent Activity

Latest Activity

Annual accounts filed

4 months ago on 30 Sept 2025

Annual accounts made up to 2024-12-31

4 months ago on 30 Sept 2025

Audit exemption statement of guarantee by parent company for period ending 31/12/24

4 months ago on 30 Sept 2025

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

4 months ago on 30 Sept 2025

Confirmation statement made on 2025-09-20 with no updates

4 months ago on 26 Sept 2025