# IT HAPPENS SW LTD (13547348)

> IT HAPPENS SW LTD is an active private limited company (company number 13547348) incorporated on 4 August 2021, registered in Crediton. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £76k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 441% on the prior period (£14k).

- Status: Active
- Incorporated: 2021-08-04
- Registered office: Crediton, EX17 3LQ
- SIC 41100: Development of building projects
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-18
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 13,669 comparable companies in Other (median £609, upper quartile £72k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £76k | — | — | — | — | — | 2 |
| 2024-08-31 | £14k | — | — | — | — | — | 2 |

size band micro.

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

- Net assets above zero: Net assets £75,843 at 31 August 2025
- Net assets up 10% or more on the prior period: +440.5% vs prior period
- Incorporated five or more years ago: Incorporated 4 August 2021

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

## Persons with significant control

- Mr Russell Elkins — owns 25–50% of shares, since 2024-03-31

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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/13547348
HTML: https://firmoscan.com/company/13547348-it-happens-sw-ltd