# ITECTRIC LTD (05902581)

> ITECTRIC LTD is an active private limited company (company number 05902581) incorporated on 10 August 2006, registered in Cheltenham. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £961, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 34% on the prior period (£715).

- Status: Active
- Incorporated: 2006-08-10
- Registered office: Cheltenham, GL53 7BQ
- SIC 43210: Electrical installation
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-24
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 6,950 comparable companies in Other (median £7,343, upper quartile £42k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £961 | — | — | £1,822 | — | — | 1 |
| 2024-08-31 | £715 | — | — | £1,978 | — | — | 1 |

current ratio 0.83; size band micro.

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

- Net assets above zero: Net assets £961 at 31 August 2025
- Net assets up 10% or more on the prior period: +34.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.83
- Incorporated five or more years ago: Incorporated 10 August 2006

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

## Persons with significant control

- Mr Desmond Foley — owns 75–100% of shares, since 2016-04-06

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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/05902581
HTML: https://firmoscan.com/company/05902581-itectric-ltd