I.T. ALLIANCE N.I. LIMITED
Company number NI034239 · Monitor this company
Executive summary
I.T. Alliance N.I. Limited is technically insolvent with net liabilities of £523k and a severe working capital deficit, relying entirely on group creditor forbearance to continue trading. While operating margins improved in 2019, substantial group interest charges push the bottom line to a loss, and standalone liquidity is critically weak. Credit should be declined without a formal parent company guarantee to underwrite the intercompany debt and liquidity shortfall.
Shareholders' funds
£623,822
Balance sheet as at 2019-12-31
What it does
The company’s main activity is the provision of IT Services to Tier 1 customers under the Tier 2 Service Alliance model. These services are provided across the UK and Europe. The vision of the I.T. Alliance Group is “to create value through our strategic alliances, with our customers, people and competencies”. In line with the above vision we are focused on the development of our staff and on succession planning. This complements our competency centres and enables us to facilitate not only our growth, but that of our customers.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1998-05-20
- Employees
- 76 (2019 accounts · was 73 in 2018)
- Registered office
- 3rd Floor Bridge Street, Belfast, Northern Ireland, BT1 1LU
- Postcode
- BT1 1LU
- Capital
- 100,000 GBP
- Accounts category
- Small
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-13
- Next due by
- 2027-08-27
Nature of business (SIC)
- 62020 Information technology consultancy activities
Officers 4 current · 10 resigned
Contact details
- Website
- http://www.italliance.org.uk
Previous registered addresses 2
| Address | Changed on |
|---|---|
| PREMIER BUSINESS CENTRE ADELAIDE STREET, BELFAST, BT2 8GD, NORTHERN IRELAND | 2017-09-28 |
| DELOITTE, 19 BEDFORD STREET, BELFAST, BT2 7EJ | 2016-06-29 |
Among its peers
Top 5%
by shareholders' funds, of 804 similar companies in BT
2nd largest employer among its local peers (76 staff).
Among the oldest 25% of its local peers, trading since 1998.
Competitors Belfast
This company ranks 38 among information technology consultancy activities in Belfast.
The class of 1998
29%
of the 2,428 companies in this sector incorporated in 1998 are still active today; 68% have since been dissolved.
A fact about the year, not a forecast for this company.