IT FIRST LTD - Profile & Financials

Accounts Submitted 25 Aug 2023

Confirmation Statement Submitted

Net assets £966.81K £4.29K 2022 year on year

Total assets £1.03M £83.03K 2022 year on year

Total Liabilities £65.53K £78.74K 2022 year on year

Charges 2

2 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Focus House Ham Road Shoreham-By-Sea BN43 6PA England

Credit Report

Discover IT FIRST LTD's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2022

Type Total Exemption Full

Next accounts 31 December 2023

Due by 30 September 2024 9 months

Net Assets, Total Assets & Total Liabilities (2021–2022)

Cash in Bank

£25.91k

Decreased by £81.92k (-76%)

Net Assets

£966.81k

Decreased by £4.29k (-0%)

Total Liabilities

£65.53k

Decreased by £78.74k (-55%)

Turnover

N/A

Employees

N/A

Debt Ratio

Decreased by 7 (-54%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2022 Dec Year End	2021 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

2 active 11 resigned

Show resigned officers

						Status
Christopher David Goodman	Director	British	United Kingdom	46	5 Dec 2018	Active
Ralph Gilbert	Director	British	England	44	5 Dec 2018	Active

Shareholders

Shareholders (2)


Focus 4 U Ltd.	95.0%	95	A Ordinary	13 Jul 2021
Focus 4 U Ltd.	5.0%	5	B Ordinary	13 Jul 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Focus 4 U Ltd

United Kingdom

Active

Notified 2 Mar 2020

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Response Holdings Limited

Ceased 2 Mar 2020

Ceased

Paul Goldsmith

Ceased 5 Dec 2018

Ceased

See All Controllers

Group Structure

FOCUS 4 U LTD. united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FOCUS GROUP TRADING LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ECLIPSE (MIDCO 2) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ECLIPSE (MIDCO 1) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FERN BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FERN MIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FERN HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

HG GENESIS 10 NOMINEES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

HGCAPITAL LLP united kingdom significant influence or control limited liability partnership

GROUP HOLDCO 1 LIMITED united kingdom

IT FIRST LTD Current Company

Charges

2 satisfied

Documents

Company Filings

Date	Category	Description	Document
18 Jan 2025	Gazette	Gazette Dissolved Liquidation	View(1 page)
18 Oct 2024	Insolvency	Liquidation Voluntary Members Return Of Final Meeting	View(7 pages)
10 Jan 2024	Insolvency	Liquidation Voluntary Declaration Of Solvency	View(6 pages)
15 Dec 2023	Resolution	Resolutions	View(1 page)
15 Dec 2023	Insolvency	Liquidation Voluntary Appointment Of Liquidator	View(3 pages)