UK Companies House feature
ITRANSITION GROUP LIMITED
Cash
£7M
+35.2% vs 2023
Net assets
£972K
+52.1% vs 2023
Employees
8
Average over period
Profit before tax
£2M
+56% vs 2023
Profile
- Company number
- 05915098
- Status
- Active
- Incorporation
- 2006-08-24
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £55,543,182 | £50,845,433 | |
| Operating profit | — | — | — | — | £1,181,942 | £1,762,192 | |
| Profit before tax | — | — | — | — | £1,200,247 | £1,872,586 | |
| Net profit | — | — | — | — | £883,420 | £1,432,691 | |
| Cash | — | — | — | — | £5,497,709 | £7,431,273 | |
| Total assets less current liabilities | — | — | — | — | £803,282 | £993,768 | |
| Net assets | — | — | — | — | £638,975 | £971,666 | |
| Equity | £322,136 | £869,973 | £839,095 | £875,555 | £638,975 | £971,666 | |
| Average employees | — | — | — | — | — | 8 | |
| Wages | — | — | — | — | £1,128,187 | £858,421 |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- Nichols & Co (Accountancy) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“We draw attention to Note 18 in the financial statements, which discusses the ongoing COVID-19 pandemic and the conflict in Ukraine. These events, along with other matters as set forth in Note 18, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “COVID-19 pandemic”
- “War in Ukraine”
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
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SIRINEL, Alla | Secretary | 2018-10-03 | — | — |
| CHERNIKOV, Yuri | Director | 2026-04-23 | Mar 1982 | Belarusian |
| GANUSIEWICZ, Mikołaj | Director | 2021-07-15 | Mar 1986 | Polish |
| OSTARHOV, Maksim | Director | 2019-08-19 | Jan 1977 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FITZGERALD, Marina | Secretary | 2016-09-28 | 2018-09-26 |
| STSEFANOVICH, Alexandra | Secretary | 2014-05-01 | 2016-09-28 |
| VIRKOVSKAYA, Larysa | Secretary | 2011-05-24 | 2013-08-01 |
| VIRKOVSKI, Alexander | Secretary | 2006-08-24 | 2011-05-24 |
| CHERNIKOV, Yuri | Director | 2017-01-01 | 2026-04-16 |
| HVARDZEITSAVA, Iryna | Director | 2006-08-24 | 2026-04-05 |
| VIRKOUSKI, Alexander | Director | 2007-05-30 | 2007-08-16 |
| VIRKOUSKI, Valery, Dr | Director | 2008-10-29 | 2013-08-01 |
| VIRKOVSKI, Valeri, Dr | Director | 2007-05-17 | 2007-05-30 |
| RESEARCH PROGRAMMES GROUP | Corporate Director | 2007-08-16 | 2009-02-02 |
| RESEARCH PROGRAMMES LTD | Corporate Director | 2006-08-24 | 2007-05-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Itransition Holdco Limited | Corporate entity | Shares 75–100% | 2024-12-17 | Active |
| Mr Vadim Uzberg | Individual | Shares 50–75% | 2024-07-19 | Ceased 2024-12-17 |
| Itransition Holding Ltd | Legal person | Shares 75–100% | 2018-05-24 | Ceased 2024-07-19 |
| Mr Sergey Gvardeitsev | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-12-17 |
| Mr Sergey Gvardeitsev | Individual | Shares 75–100% | 2016-04-06 | Ceased 2018-05-24 |
Filing timeline
Last 20 of 106 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-23 | AP01 | officers | appoint person director company with name date |
| 2026-04-16 | CH01 | officers | change person director company with change date |
| 2026-04-16 | CH01 | officers | change person director company with change date |
| 2026-04-16 | TM01 | officers | termination director company with name termination date |
| 2026-04-16 | TM01 | officers | termination director company with name termination date |
| 2026-02-17 | AD01 | address | change registered office address company with date old address new address |
| 2026-02-11 | CH01 | officers | change person director company with change date |
| 2025-12-16 | CH01 | officers | change person director company with change date |
| 2025-12-16 | CH01 | officers | change person director company with change date |
| 2025-12-16 | CH01 | officers | change person director company with change date |
| 2025-06-24 | AA | accounts | accounts with accounts type full |
| 2025-06-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-17 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-12-17 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-12-17 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-11-28 | CH01 | officers | change person director company with change date |
| 2024-08-08 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-08-08 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-07-26 | AA | accounts | accounts with accounts type full |
| 2024-05-31 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
1.33
GREY ZONE
Altman Z″
- Working capital / Total assets 0.068 × 6.56 = +0.44
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.121 × 6.72 = +0.81
- Book equity / Total liabilities 0.072 × 1.05 = +0.08
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