{"name":"I.T. RESOURCE MANAGEMENT LTD","company_number":"03716186","status":"Active","type":"Private Limited Company","incorporated":"1999-02-19","dissolved":null,"registered_office":"1st Floor 85 Great Portland Street, London, England, W1W 7LT","postcode":"W1W 7LT","sic_codes":[{"code":62030,"description":"Computer facilities management activities"},{"code":95120,"description":"Repair of communication equipment"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"30 March","last_made_up_to":"2025-03-30","next_due":"2026-12-30"},"employees":{"count":42,"accounts_date":"2025-03-30"},"financials":[{"financial_date":"2025-03-30","net_assets":275370,"cash":35745,"average_employees":42},{"financial_date":"2024-03-30","net_assets":325992,"cash":3,"average_employees":45},{"financial_date":"2023-03-30","net_assets":347103,"cash":3},{"financial_date":"2022-03-30","net_assets":379285,"cash":358}],"officers":{"current":1,"resigned":5,"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":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/it-resource-management","people":"https://www.companiesintheuk.co.uk/company/it-resource-management/people","filing_history":"https://www.companiesintheuk.co.uk/company/it-resource-management/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03716186","financials":"https://www.companiesintheuk.co.uk/company/it-resource-management/financial","control":"https://www.companiesintheuk.co.uk/company/it-resource-management/control","charges":"https://www.companiesintheuk.co.uk/company/it-resource-management/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/it-resource-management/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-resource-management"}