# LEAP IT LIMITED (05317506)

> LEAP IT LIMITED is an active private limited company (company number 05317506) incorporated on 20 December 2004, registered in Solihull. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 31 December 2025, showing net assets of £386k and cash of £520k, with 27 employees on average. Net assets rose 37% on the prior period (£281k). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2004-12-20
- Registered office: Solihull, B94 6NW
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-01-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 2,803 comparable companies in Birmingham (median £4,094, upper quartile £39k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £386k | £520k | £213k | £387k | — | — | 27 |
| 2024-12-31 | £281k | £297k | £181k | £300k | — | — | 29 |
| 2023-12-31 | £382k | £340k | £194k | £290k | — | — | 28 |

current ratio 1.91; net assets trend volatile; size band micro.

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

- Net assets above zero: Net assets £385,955 at 31 December 2025
- Net assets up 10% or more on the prior period: +37.4% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.91
- Cash at bank of £50,000 or more: Cash £519,949
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 20 December 2004

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

## Persons with significant control

- Mr Stuart Watson — owns 50–75% of shares, since 2016-12-20
- Mr Christopher Boehm — owns 25–50% of shares, since 2016-12-20

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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/05317506
HTML: https://firmoscan.com/company/05317506-leap-it-limited