−£43k
vs May 2024Active12621978Private limited companyWembley
IT ACOUNTANTS LTD
Significant control: Mehrdad Faiz-Mahdavi (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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01
Summary
IT ACOUNTANTS LTD is an active private limited company (company number 12621978) incorporated on 26 May 2020, registered in Wembley. Its registered activity is financial management (SIC 70221). Latest micro accounts cover the period ending 31 May 2025, showing net assets of −£43k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 82% on the prior period (−£24k).
Peer position · net assets
By net assets it sits in the bottom quarter of 1,174 comparable companies in Greater London (median £4,469, upper quartile £41k).
02
Ownership and control
- Mr Mehrdad Faiz-Mahdavi
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 26 May 20206 yrs ago
- Next accounts due
- 28 February 2027in 128 days
- Confirmation statement due
- 9 June 2027in 229 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 70221
- Financial management
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
0
Not reported the period before| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | −£43k | — | — | £55k | — | — | 0 |
| 31 May 2024 | −£24k | — | — | £81k | — | — | — |
Current ratio0.22Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets below zeroNet assets £-42,854 at 31 May 2025
- Net assets down 25% or more on the prior period-81.8% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.22
- Incorporated five or more years agoIncorporated 26 May 2020
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 229 days
- Next accounts duein 128 days
- Accounts period endNet liabilities £43k · micro accounts
- Accounts period endNet liabilities £24k · micro accounts
- Incorporated
08
Similar companies in Greater London
- TUTON CONSULTING LTD.Brentford · inc. May 2020
- NORTHCLIFF WEALTH MANAGEMENT LIMITEDWallington · inc. May 2020
- AANJA MANAGEMENT SERVICES LTDWatford · inc. May 2020
- K MCFARLANE SOLUTIONS LTDOrpington · inc. Jun 2020
- 4FINANCE LTDEgham · inc. May 2020
- NLK CONSULTING SERVICES LTDBrentford · inc. Jun 2020
All companies incorporated on 26 May 2020 · in May 2020.
09
Reminders for IT ACOUNTANTS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.