FUTUREWORKS IT LIMITED

Company number 05984089 · Active

FUTUREWORKS IT LIMITED is a private limited company registered in READING, United Kingdom, incorporated on 31 Oct 2006. Its registered activity is information technology consultancy activities. Its latest published accounts for the period ending 31 Oct 2025 show equity of £27k, total assets of £51k. It has filed 7 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Current liabilities ÷ assets1.5×0.186967–0.523499 · 0.18 % became insolvent
Equity change ÷ assets1.5×0–0.113215 · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Region0.6×RG · 0.07 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05984089 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
31 Oct 2006 (20 years)
Registered address
RG6 1LT READING
Postcode area
Reading
Activity
62020 Information technology consultancy activities
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 Feb 2026– –£27k£51k £23k–1
31 Oct 202415 Jan 2025– –£25k£49k £23k–1
31 Oct 202315 Jan 2024– –£19k£42k £22k–1
31 Oct 202215 Feb 2023– –£24k£44k £19k–1
31 Oct 202115 Mar 2022– –£30k£50k £19k–1
31 Oct 202015 Nov 2020– –£44k£78k £33k–1
31 Oct 201915 Feb 2020– –£35k−£52k £16k––

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Reading

Questions about FUTUREWORKS IT LIMITED

What is the company number of FUTUREWORKS IT LIMITED?

FUTUREWORKS IT LIMITED is registered under company number 05984089 in the official register of United Kingdom. View it at the official register.

Is FUTUREWORKS IT LIMITED still active?

Yes. FUTUREWORKS IT LIMITED is registered as active (status: Active).

Has FUTUREWORKS IT LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for FUTUREWORKS IT LIMITED in the official data.

How likely is FUTUREWORKS IT LIMITED to become insolvent?

Our model estimates a 0.00 % probability that FUTUREWORKS IT LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was FUTUREWORKS IT LIMITED founded?

FUTUREWORKS IT LIMITED was incorporated on 31 Oct 2006.

Where is FUTUREWORKS IT LIMITED registered?

FUTUREWORKS IT LIMITED's registered address is in RG6 1LT READING (Reading), United Kingdom.

What do the latest accounts of FUTUREWORKS IT LIMITED show?

The latest published accounts (period ending 31 Oct 2025) show equity of £27k, total assets of £51k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.