I.T. RESOURCE MANAGEMENT LTD
Company number 03716186 · Monitor this company
Executive summary
I.T. Resource Management Ltd is a long-established, family-owned niche operator in the UK IT contractor-resourcing and managed support market, with a 26-year survival record but a balance sheet showing clear strain: negative working capital of £215k, a current ratio of 0.80 against sector norms of 1.2–1.5, and equity eroded 27% over three years amid the sector's post-pandemic spending correction and IR35 upheaval. Its debtor-heavy, cash-light model is characteristic of contractor-funded IT services but leaves minimal margin for error, making the FY2025 cash rebuild to £35.7k a welcome though modest positive. Positioned as a flexible specialist rather than a scale competitor, the firm's prospects rest on collection discipline, continued creditor and group support, and management of its acute key-person concentration.
Shareholders' funds
£275,370
Balance sheet as at 2025-03-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 1999-02-19
- Employees
- 42 (2025 accounts · was 45 in 2024)
- Registered office
- 1st Floor 85 Great Portland Street, London, England, W1W 7LT
- Postcode
- W1W 7LT
- Capital
- 3,000 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-03-30
- Next due by
- 2026-12-30
- Financial year end
- 30 March
Confirmation statement
- Last statement dated
- 2026-02-19
- Next due by
- 2027-03-05
Nature of business (SIC)
- 62030 Computer facilities management activities
- 95120 Repair of communication equipment
Officers 1 current · 5 resigned
Previous registered addresses 7
| Address | Changed on |
|---|---|
| 85 GREAT PORTLAND STREET, 1ST FLOOR, LONDON, W1W 7LT, UNITED KINGDOM | 2020-02-11 |
| 3RD FLOOR 14 HANOVER STREET, LONDON, W1S 1YH | 2020-02-04 |
| 85 GREAT PORTLAND STREET, 1ST FLOOR, LONDON GREAT PORTLAND STREET, LONDON, W1W 7LT, ENGLAND | 2020-02-04 |
| 3RD FLOOR 14 HANOVER STREET, LONDON, W1S 1YH, ENGLAND | 2014-03-17 |
| 72 NEW BOND STREET, LONDON, W1S 1RR | 2014-03-17 |
| 72 NEW BOND STREET, LONDON, W1Y 9DD | 2002-02-07 |
| 31 SPRINGFIELD AVENUE, SWANLEY, KENT BR8 8AX | 2000-11-01 |
Among its peers
Top 25%
by shareholders' funds, of 49 similar companies in W
2nd largest employer among its local peers (42 staff).
Among the oldest 25% of its local peers, trading since 1999.
No.7 of the largest computer facilities management activities companies in London →
Competitors London
This company ranks 7 among computer facilities management activities in London.
The class of 1999
42%
of the 64,736 companies incorporated in 1999 are still active today; 55% have since been dissolved.
A fact about the year, not a forecast for this company.