ittybit ltd
ittybit ltd Company Information
Company Number
13198590
Next Accounts
Nov 2025
Shareholders
paul anthony williams
tina pearson
View AllGroup Structure
View All
Industry
Video distribution activities
+1Registered Address
9th floor 107 cheapside, london, EC2V 6DN
Website
ittybit.comittybit ltd Estimated Valuation
Pomanda estimates the enterprise value of ITTYBIT LTD at £54.2k based on a Turnover of £79.1k and 0.68x industry multiple (adjusted for size and gross margin).
ittybit ltd Estimated Valuation
Pomanda estimates the enterprise value of ITTYBIT LTD at £0 based on an EBITDA of £-20.9k and a 3.54x industry multiple (adjusted for size and gross margin).
ittybit ltd Estimated Valuation
Pomanda estimates the enterprise value of ITTYBIT LTD at £0 based on Net Assets of £-16k and 1.89x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ittybit Ltd Overview
Ittybit Ltd is a live company located in london, EC2V 6DN with a Companies House number of 13198590. It operates in the video distribution activities sector, SIC Code 59132. Founded in February 2021, it's largest shareholder is paul anthony williams with a 95.5% stake. Ittybit Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £79.1k with unknown growth in recent years.
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Ittybit Ltd Health Check
Pomanda's financial health check has awarded Ittybit Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £79.1k, make it smaller than the average company (£6m)
- Ittybit Ltd
£6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ittybit Ltd
- - Industry AVG
Production
with a gross margin of 33.8%, this company has a higher cost of product (65.7%)
- Ittybit Ltd
65.7% - Industry AVG
Profitability
an operating margin of -26.4% make it less profitable than the average company (3.1%)
- Ittybit Ltd
3.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
1 - Ittybit Ltd
25 - Industry AVG
Pay Structure
on an average salary of £86.8k, the company has an equivalent pay structure (£86.8k)
- Ittybit Ltd
£86.8k - Industry AVG
Efficiency
resulting in sales per employee of £79.1k, this is less efficient (£181.3k)
- Ittybit Ltd
£181.3k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (42 days)
- Ittybit Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 244 days, this is slower than average (43 days)
- Ittybit Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ittybit Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ittybit Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 183.5%, this is a higher level of debt than the average (61.7%)
183.5% - Ittybit Ltd
61.7% - Industry AVG
ITTYBIT LTD financials
Ittybit Ltd's latest turnover from February 2024 is estimated at £79.1 thousand and the company has net assets of -£16 thousand. According to their latest financial statements, Ittybit Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|
| Tangible Assets | 2,262 | 428 | 484 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,262 | 428 | 484 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 16,856 | 4,529 | 7,273 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 16,856 | 4,529 | 7,273 |
| total assets | 19,118 | 4,957 | 7,757 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 35,075 | 0 | 2,761 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 35,075 | 0 | 2,761 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 575 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 575 |
| total liabilities | 35,075 | 0 | 3,336 |
| net assets | -15,957 | 4,957 | 4,421 |
| total shareholders funds | -15,957 | 4,957 | 4,421 |
| Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 12,327 | -2,744 | 7,273 |
| Creditors | 35,075 | -2,761 | 2,761 |
| Accruals and Deferred Income | 0 | -575 | 575 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
ittybit ltd Credit Report and Business Information
Ittybit Ltd Competitor Analysis
Perform a competitor analysis for ittybit ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC2V area or any other competitors across 12 key performance metrics.
ittybit ltd Ownership
ITTYBIT LTD group structure
Ittybit Ltd has no subsidiary companies.
Ultimate parent company
ITTYBIT LTD
13198590
ittybit ltd directors
Ittybit Ltd currently has 3 directors. The longest serving directors include Mr Paul Williams (Feb 2021) and Mr George Mensah (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Williams | United Kingdom | 38 years | Feb 2021 | - | Director |
| Mr George Mensah | England | 35 years | May 2024 | - | Director |
| Mr Alan Hudson | England | 50 years | Aug 2024 | - | Director |
P&L
February 2024turnover
79.1k
+33%
operating profit
-20.9k
0%
gross margin
33.8%
+4.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-16k
-4.22%
total assets
19.1k
+2.86%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ittybit ltd company details
company number
13198590
Type
Private limited with Share Capital
industry
59132 - Video distribution activities
63110 - Data processing, hosting and related activities
incorporation date
February 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
BLU SKY TAX LIMITED
auditor
-
address
9th floor 107 cheapside, london, EC2V 6DN
Bank
-
Legal Advisor
-
ittybit ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to ittybit ltd.
ittybit ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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ittybit ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
