# ITEL SOLUTIONS LIMITED (07331344)

> ITEL SOLUTIONS LIMITED is an active private limited company (company number 07331344) incorporated on 30 July 2010, registered in Reading. Its registered activity is retail sale via mail order houses or via internet (SIC 47910). Latest micro accounts cover the period ending 31 July 2025, showing net assets of −£184k, with 6 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 39% on the prior period (−£132k).

- Status: Active
- Incorporated: 2010-07-30
- Registered office: Reading, RG2 6UU
- SIC 47910: Retail sale via mail order houses or via Internet
- SIC 61900: Other telecommunications activities
- SIC 62020: Information technology consultancy activities
- SIC 62090: Other information technology service activities
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-08-13
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,349 comparable companies in Reading (median £100, upper quartile £6,933).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | −£184k | — | — | — | — | — | 6 |
| 2024-07-31 | −£132k | — | — | — | — | — | 9 |

size band micro.

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

- Net assets below zero: Net assets £-183,646 at 31 July 2025
- Net assets down 25% or more on the prior period: -38.8% vs prior period
- Incorporated five or more years ago: Incorporated 30 July 2010

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

## Persons with significant control

- Mrs Nazia Fareed — owns 25–50% of shares, since 2016-04-06
- Mr Syed Fareed Ahmad — owns 25–50% of shares, since 2016-04-06
- Mr Muhammad Abdul Saleem — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-07-20

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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/07331344
HTML: https://firmoscan.com/company/07331344-itel-solutions-limited