FRUGAL IT LTD.

Company number 07624060 · Active

FRUGAL IT LTD. is a private limited company registered in WORKSOP, United Kingdom, incorporated on 6 May 2011. Its registered activity is other retail sale not in stores, stalls or markets. Its latest published accounts for the period ending 31 May 2025 show equity of £18k, total assets of £276k. It has filed 6 sets of accounts. Our model estimates a 0.74 % probability that it becomes insolvent within 12 months, 6.4 times the average for active companies (very high risk).

Insolvency risk, next 12 months

0.74 %
Very high risk
Lowest riskHighest risk

Higher than 97 % of active companies in the United Kingdom. 6.4× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % 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
07624060 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
6 May 2011 (16 years)
Registered address
S80 3PG WORKSOP
Postcode area
Sheffield
Activity
47990 Other retail sale not in stores, stalls or markets
Industry
Retail trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Feb 2026– –£18k£276k £244k–2
31 May 202415 Feb 2025– –£30k£232k £189k–2
31 May 202215 Jan 2023– –£36k£292k £222k£146k2
31 May 202115 Jan 2022– –£63k£246k £138k£100k2
31 May 202015 Oct 2020– –£73k£175k £102k£95k2
31 May 201915 Jan 2020– –£37k£189k £152k£55k2

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

Similar companies in Sheffield

Questions about FRUGAL IT LTD.

What is the company number of FRUGAL IT LTD.?

FRUGAL IT LTD. is registered under company number 07624060 in the official register of United Kingdom. View it at the official register.

Is FRUGAL IT LTD. still active?

Yes. FRUGAL IT LTD. is registered as active (status: Active).

Has FRUGAL IT LTD. gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for FRUGAL IT LTD. in the official data.

How likely is FRUGAL IT LTD. to become insolvent?

Our model estimates a 0.74 % probability that FRUGAL IT LTD. becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in the United Kingdom.

When was FRUGAL IT LTD. founded?

FRUGAL IT LTD. was incorporated on 6 May 2011.

Where is FRUGAL IT LTD. registered?

FRUGAL IT LTD.'s registered address is in S80 3PG WORKSOP (Sheffield), United Kingdom.

What do the latest accounts of FRUGAL IT LTD. show?

The latest published accounts (period ending 31 May 2025) show equity of £18k, total assets of £276k, 2 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 9 Nov 2026.