Itt Industries Limited
- Small
- Holding
- Active
- 60 years
- 44000 employees
- £12,762,000 (assets)
- Real address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 1 month ago, a good sign to sell them something.
Field of Operation
Website
Summary
Itt Industries Limited, based in Basingstoke, UK, is a small holding company with an active status, celebrating 60 years since its founding in 1964. The company employs a substantial 44,000 people and holds assets totaling £12,762,000. With a real address and three directors, it's a well-established operation, owned by Itt Industries Holdings Ltd. The company regularly imports and exports machinery, boilers, and mechanical appliances – parts, with 740 months of import activity and 653 months of export activity recorded, the latest in February 01, 2025.
The company operates in the manufacture of pumps industries, and its website, though currently inaccessible due to an Incapsula incident, suggests a focus on industrial components and services. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.
Financially, Itt Industries Limited shows a mixed picture. Accumulated depreciation for land and buildings increased by 6.6%, while plant and machinery rose by 3.0%. Amounts owed by group undertakings decreased by 4.5%, but average employee numbers dropped dramatically – a 100% decrease, falling to zero. Cash reserves plummeted 85%, leaving just £9,600, and creditors rose 57%. Trade debtors increased by 6%, suggesting a potential issue with customer payments. The company’s equity also declined, with retained earnings decreasing by 73%. It’s a small company, and the lack of an auditor mentioned suggests that the figures are unaudited.
Overall, Itt Industries Limited is a long-standing company facing some financial challenges, despite its significant workforce. Whether the company can sustain its operations and navigate these pressures remains to be seen.
Registered in England/Wales under the registration number 00814151, with a registered address at RG24 8QB, England, Basingstoke, Hampshire, Unit 4-Faraday Office Park, Rankine Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 month
-
Resident of Greece
-
Individual
- 8 months
-
Resident of United Kingdom
-
Individual
- 9 years
- 15
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
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Appointment of Mr Ioannis Tsakalos as a director on 2025-05-20Download 2 pages pdf report
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Appointment of Mr Christopher Sumner as a director on 2024-11-01Download 2 pages pdf report
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Confirmation statement made on 2024-09-30 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Itt Industries Limited
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