Itis Pm Ltd

ITIS Holding EETS EN SK sem PROFIL ITIS Holding is a private limited company registered in England/Wales with the registration number 08171697. Founded twelve years ago on August 08, 2012, it’s based at BB1 8AE, England, Blackburn, 7 St. Andrews Street. The address is probably real, as only one company is registered there. It’s currently active and operates in several industries, including retail sales via mail order, IT services, real estate, and temporary employment agencies. The company is a 100% owner of electronic tolling systems CzechToll and SkyToll, and has recently acquired the German company Vitronic, a global leader in safety and automation systems.

ITIS Holding’s website reveals a focus on intelligent transport infrastructure and mtn systems. It provides solutions from design and construction to operation and maintenance, aiming to help governments and clients manage traffic, generate revenue, and improve road safety. The company is part of the PPF Group, a large investment group with assets of €43.5 billion and 55,000 employees worldwide.

Financially, ITIS Holding shows some interesting trends. Current assets increased significantly by 99%, reaching £210,000, while net assets also grew by 3.2% to £360,000. However, investments in fixed assets decreased by 38%, falling to £150,000. Cash reserves have seen a substantial boost, rising 270% to £160,000—a positive sign. Trade debtors have decreased by 20%, which could indicate improved collection practices. The company qualifies as a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s worth noting that the accounts are “filleted” and unaudited, relying on director-reported data.

The recent acquisition of Vitronic, coupled with the growth in cash reserves, suggests ITIS Holding is investing in its future. While the decrease in fixed assets might raise questions, the company’s focus on technology and its parent group’s financial strength provide a solid foundation. It seems like they are doing well, but it’s a little unclear how the two businesses are linked.

Registered in England/Wales under the registration number 08171697, with a registered address at BB1 8AE, England, Blackburn, 7 St. Andrews Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.