UK Companies House feature
PLANET IT LIMITED
Cash
£535K
+39.2% vs 2022
Net assets
£1M
-10.5% vs 2022
Employees
86
-6.5% vs 2022
Profit before tax
£144K
-70.3% vs 2022
Profile
- Company number
- 04965388
- Status
- Active
- Incorporation
- 2003-11-17
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Net assets
9-year trend · vs UK AI & Enterprise SaaS median
Accounts
9-year trend · latest 2023-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £11,346,425 | — | £12,911,051 | — | £15,465,814 | £16,267,273 | |
| Operating profit | — | — | — | £815,513 | — | £516,779 | — | £468,068 | £124,833 | |
| Profit before tax | — | — | — | £835,488 | — | £528,448 | — | £482,987 | £143,685 | |
| Net profit | — | — | — | £664,955 | — | £420,515 | — | £385,007 | £103,972 | |
| Cash | — | £287,115 | £287,115 | £773,709 | £773,709 | £352,867 | £352,867 | £384,343 | £534,830 | |
| Total assets less current liabilities | — | £1,041,561 | — | £1,583,751 | — | £1,520,444 | — | £1,638,718 | £1,460,536 | |
| Net assets | — | £1,036,384 | — | £1,529,939 | — | £1,467,655 | — | £1,592,582 | £1,424,695 | |
| Equity | — | £1,036,384 | — | £1,529,939 | — | £1,467,655 | — | £1,592,582 | £1,424,695 | |
| Average employees | — | 44 | — | 55 | — | 74 | — | 92 | 86 | |
| Wages | — | — | — | £1,969,747 | — | £2,102,942 | — | £2,610,223 | £3,167,764 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Auditor
- Wellers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The risk taken last year to introduce a new vendor did not go well due to an incident causing panic in the IT security market. Investment in the Sheffield office did not go as hoped.”
- “Planet IT won a "best place to work" in multiple categories for 2024.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JOHNS, Nicholas Andrew | Director | 2017-05-01 | Jul 1974 | British |
| SWEENEY, Adrian | Director | 2010-01-01 | Jul 1981 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JONES, Gavin Livingstone | Secretary | 2004-03-16 | 2026-03-20 |
| MCCLAFFERTY, Roasalind | Secretary | 2003-11-17 | 2004-03-16 |
| JONES, Gavin Livingstone | Director | 2004-01-12 | 2026-03-20 |
| SMITH, Sean | Director | 2003-11-17 | 2026-03-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ttb Pluto Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-03-20 | Active |
| Mr Gavin Livingstone Jones | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2026-03-20 |
| Mr Sean Smith | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2026-03-20 |
Filing timeline
Last 20 of 90 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-23 | SH08 | capital | capital name of class of shares |
| 2026-04-22 | SH10 | capital | capital variation of rights attached to shares |
| 2026-04-19 | RESOLUTIONS | resolution | resolution |
| 2026-04-19 | MA | incorporation | memorandum articles |
| 2026-04-08 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2026-04-08 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2026-04-08 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2026-04-08 | TM02 | officers | termination secretary company with name termination date |
| 2026-04-02 | TM01 | officers | termination director company with name termination date |
| 2026-04-02 | TM01 | officers | termination director company with name termination date |
| 2026-03-31 | SH01 | capital | capital allotment shares |
| 2025-11-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-03 | AA | accounts | accounts with accounts type full |
| 2024-10-22 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-26 | AA | accounts | accounts with accounts type full |
| 2024-08-06 | MA | incorporation | memorandum articles |
| 2024-08-06 | RESOLUTIONS | resolution | resolution |
| 2023-10-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-29 | AA | accounts | accounts with accounts type full |
| 2022-11-17 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
2.53
GREY ZONE
Altman Z″
- Working capital / Total assets 0.290 × 6.56 = +1.90
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.026 × 6.72 = +0.18
- Book equity / Total liabilities 0.429 × 1.05 = +0.45
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory