{"name":"EURO IT GROUP LIMITED","company_number":"09080137","status":"Active","type":"Private Limited Company","incorporated":"2014-06-10","dissolved":null,"registered_office":"Beechey House  87 Church Street, Crowthorne, Berkshire, England, RG45 7AW","postcode":"RG45 7AW","sic_codes":[{"code":62012,"description":"Business and domestic software development"},{"code":62020,"description":"Information technology consultancy activities"}],"principal_activity":"The principal activity of the company in the year under review was that of business and domestic software development and information technology consultancy activities.","previous_names":[],"warnings":[],"accounts":{"category":"Small","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":0,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","turnover":705438,"profit_loss":16057,"net_assets":115987,"cash":102014,"average_employees":0},{"financial_date":"2024-12-31","turnover":1209427,"profit_loss":20726,"net_assets":99930,"cash":1367,"average_employees":0},{"financial_date":"2023-12-31","turnover":1781998,"cash":3500},{"financial_date":"2022-12-31","cash":79121},{"financial_date":"2021-12-31","cash":317790}],"officers":{"current":1,"resigned":6,"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":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Euro IT Group Limited serves as the UK-facing conduit of the Inspeerity Group, leveraging nearshore delivery capability to serve blue-chip clients in regulated industries—but its standalone financial performance raises serious strategic concerns. Revenue has collapsed by 60% over two years to £705K, gross margins of 6.28% fall far below industry benchmarks, and significant leadership turnover in 2025 compounds execution risk. While parent company backing and improved liquidity provide a foundation for recovery, the entity must urgently restructure its pricing model, stabilise governance, and transition from low-margin staff augmentation toward higher-value consultancy engagements to achieve sustainable viability.","website":"https://inspeerity.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/euro-it-group","people":"https://www.companiesintheuk.co.uk/company/euro-it-group/people","filing_history":"https://www.companiesintheuk.co.uk/company/euro-it-group/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/09080137","financials":"https://www.companiesintheuk.co.uk/company/euro-it-group/financial","control":"https://www.companiesintheuk.co.uk/company/euro-it-group/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/euro-it-group/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/euro-it-group"}