{"name":"IT HARDWARE AND SOFTWARE LIMITED","company_number":"06256979","status":"In Administration","type":"Private Limited Company","incorporated":"2007-05-23","dissolved":null,"registered_office":"Riverside House, Irwell Street, Manchester, M3 5EN","postcode":"M3 5EN","sic_codes":[{"code":46510,"description":"Wholesale of computers, computer peripheral equipment and software"}],"principal_activity":null,"previous_names":[{"name":"TND IT UK LTD","changed_on":"2009-03-12"},{"name":"GDCO 53 LIMITED","changed_on":"2007-06-05"}],"warnings":[],"accounts":{"category":"Full","year_end":"30 April","last_made_up_to":"2023-04-30","next_due":"2025-01-31"},"employees":null,"financials":[{"financial_date":"2022-04-30","net_assets":3295049,"cash":34530},{"financial_date":"2021-04-30","net_assets":2694834,"cash":53245},{"financial_date":"2020-04-30","net_assets":2576301,"cash":73367},{"financial_date":"2018-04-30","net_assets":2526600,"cash":114651},{"financial_date":"2017-04-30","net_assets":2162178,"cash":68130}],"officers":{"current":1,"resigned":8,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":2},"gazette_notices":[{"date":"2025-01-09","kind":"insolvency"}],"insolvency_outcome":null,"ai_summary":"IT Hardware and Software Limited's entry into administration represents the culmination of a multi-year liquidity crisis masked by balance sheet growth. While the company appeared to be growing—net assets increasing from £1.24M to £3.30M between 2016 and 2022—the near-total erosion of cash reserves from £334K to £34.5K reveals an overtraded business funded by unsustainable leverage. In the context of a sector characterised by thin margins and high working capital demands, the company lacked the financial resilience to withstand the structural pressures of supply chain disruption, vendor programme tightening, and currency volatility that defined the 2020-2022 period.","website":"http://www.ithardwareandsoftware.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/it-hardware-and-software","people":"https://www.companiesintheuk.co.uk/company/it-hardware-and-software/people","filing_history":"https://www.companiesintheuk.co.uk/company/it-hardware-and-software/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/06256979","financials":"https://www.companiesintheuk.co.uk/company/it-hardware-and-software/financial","gazette":"https://www.companiesintheuk.co.uk/company/it-hardware-and-software/gazette","control":"https://www.companiesintheuk.co.uk/company/it-hardware-and-software/control","charges":"https://www.companiesintheuk.co.uk/company/it-hardware-and-software/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/it-hardware-and-software/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/it-hardware-and-software"}