Itt London Ltd

Itt London Ltd is a small, active company based in London, UK, founded three years ago in March 2022. It employs just one person and operates from a virtual address shared by 686 other companies, a bit unusual. The company is led by a solo founder and director, Kucukbalaban Cem, and has one reported owner. It’s classified as a private limited company with registration number 13963760. The company's primary activity is operating in the other specialised construction activities n.e.c. industries.

The company’s website, ITT Cleaning Services, reveals a different business entirely: a London-based cleaning company offering a wide range of services, from carpet and window cleaning to end-of-tenancy and after-builders cleaning. The site emphasizes professional, reliable service and competitive pricing, with an online booking system and a blog offering cleaning tips. The company's focus is on domestic and commercial cleaning solutions, specializing in window cleaning for businesses and private properties.

Financially, Itt London Ltd’s recent performance shows some concerning trends. Net assets have plummeted 260% to -£64,000, and bank overdrafts remain at £1,400. Creditors have increased significantly, rising 310% to £73,000, while trade creditors have risen 6.3% to £21,000. Despite these challenges, the company’s fixed assets remain stable at £8,800. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the substantial decline in equity and increase in liabilities suggests it’s burning through cash. No auditor is mentioned, likely due to the small company exemption.

The company’s irregular import activity—just two months of importing stone, plaster, cement, and similar materials—raises questions about its supply chain and reliance on external suppliers. While the cleaning business appears active and well-marketed, the underlying financial health of Itt London Ltd warrants closer scrutiny.

Registered in England/Wales under the registration number 13963760, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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