{"name":"IT BENCHING LTD","company_number":"07707799","status":"Active","type":"Private Limited Company","incorporated":"2011-07-18","dissolved":null,"registered_office":"Unit F Enterprise Way, Bessingby Industrial Estate, Bridlington, North Humberside, YO16 4SF","postcode":"YO16 4SF","sic_codes":[{"code":31090,"description":"Manufacture of other furniture"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-09-30"},"employees":{"count":1,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","net_assets":2411,"cash":5701,"average_employees":1},{"financial_date":"2023-12-31","net_assets":-6128,"cash":0,"average_employees":1},{"financial_date":"2022-12-31","net_assets":-11015,"cash":26581},{"financial_date":"2021-12-31","net_assets":1473,"cash":0},{"financial_date":"2020-12-31","net_assets":956,"cash":23600}],"officers":{"current":1,"resigned":0,"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":"IT Benching Ltd possesses genuine strategic assets in its niche specialisation and demonstrated survival through severe financial stress, but the business remains fundamentally fragile with net current assets of only £1,555 and equity of £2,411 supporting £80,972 in total assets. The immediate priority must be working capital optimisation—particularly reducing debtor days and stock holding—to build resilience before pursuing growth. Without this foundation, any expansion will amplify existing fragility rather than create sustainable value. The director's continued personal funding commitment (£44,934) buys time but does not resolve the underlying structural vulnerability of a business operating at the margin of solvency.","website":"https://www.itbenching.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/it-benching","people":"https://www.companiesintheuk.co.uk/company/it-benching/people","filing_history":"https://www.companiesintheuk.co.uk/company/it-benching/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07707799","financials":"https://www.companiesintheuk.co.uk/company/it-benching/financial","control":"https://www.companiesintheuk.co.uk/company/it-benching/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/it-benching/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/it-benching"}