# EXPANDABLE IT LIMITED (05046576)

> EXPANDABLE IT LIMITED is an active private limited company (company number 05046576) incorporated on 17 February 2004, registered in Hull. Its registered activity is other information technology service activities (SIC 62090). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £12k, with 3 employees on average. Turnover was £6,930 and profit for the year £2,306. Net assets rose 12% on the prior period (£11k).

- Status: Active
- Incorporated: 2004-02-17
- Registered office: Hull, HU8 9XF
- SIC 62090: Other information technology service activities
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-03-03
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 4,928 comparable companies in Other (median £2,628, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £12k | — | — | £2,869 | £6,930 | £2,306 | 3 |
| 2024-02-29 | £11k | — | — | £3,761 | £9,026 | £2,782 | — |

current ratio 4.88; net margin 33.3%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £11,806 at 28 February 2025
- Net assets up 10% or more on the prior period: +12.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 4.88
- Incorporated five or more years ago: Incorporated 17 February 2004

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Michael Barnett — owns 75–100% of shares, since 2016-04-15

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05046576
HTML: https://firmoscan.com/company/05046576-expandable-it-limited