The Firmwatch take
B&T IT Services Limited is a 16-year-old telecoms, subject to strike-off action. The latest filed accounts (year to 30 June 2024) show -GBP 24k in net assets, with 1 distress signal extracted from the filing (negative net assets). Most recent public risk event: first gazette notice.
Refreshed 25 May 2026
1 public risk event on file
Incorporated
22 April 2010
16 years on the register
Sector
Other telecommunications activities
SIC 61900
Size
Not classified
Net assets
−£24k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
75/100
high risk
Estimated public-data value
-£23,574 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Telecoms
Sample: 6,682 companies
Negative net assets: 16.4%
- Net assets vs sector median
- -£26,632
- Working capital vs sector median
- -£30,708
- Sector median current ratio
- 1.33
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Accounts are ageing
The latest extracted accounts period is more than 21 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 10% in sector · Sector medians shown for 6,682 telecoms firms (2024).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£1,656
Current liabilities
Amounts due within one year (short-term creditors).
£24,750
Working capital
Current assets minus current liabilities.
-£23,094
Median £8k
Fixed assets
Long-term tangible and intangible assets.
Not disclosed
Total assets less current liabilities
Fixed assets plus working capital.
-£23,094
Net assets
What's left after liabilities are deducted from assets.
-£23,574
Median £3k
Equity (capital & reserves)
Shareholder funds.
-£23,574
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
0.1×
Median 1.3×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
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.