The Firmwatch take
Search IT Limited (02697550) currently shows: No major warning signs in the latest extracted accounts, based on accounts to 31 March 2025; last refreshed 24 May 2026. No distress signals. Accounts cover the period ending 31 Mar 2025.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
16 March 1992
34 years on the register
Sector
Other information service activities n.e.c.
SIC 63990
Size
Not classified
Net assets
£23k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Low insolvency risk
The latest public accounts do not show obvious balance-sheet stress. This does not rule out trading problems, but the filed numbers look comparatively steady.
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Sector benchmark · Information Technology
How this company compares in 149,047 IT firms
Top 10% in sector — Search IT Limited shows £23k in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£23k
Top 10% in sector · sector median £2k · 149,047 IT firms
Cash
Not disclosed
Working cap.
£24k
Median £6k
Current ratio
3.1×
Median 1.6×
Signals · 1
Positive net assets
The latest filed accounts show assets exceeding liabilities.
People
Who runs this company
- WD
WHAPHAM, David Paul
director · since 1992
Registered office
Address intelligence
Used by this company only.
Likely a privately owned office or residential address.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.