TERMS IT LIMITED

Company number 16115601 · Active

TERMS IT LIMITED is a private limited company registered in LONDON, United Kingdom, incorporated on 3 Dec 2024. Its registered activity is information technology consultancy activities. Its latest published accounts for the period ending 31 Dec 2025 show equity of £14k, total assets of £28k. It has filed 1 set 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

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
Has filed accounts1.3×1 · 0.16 % became insolvent
Equity ratio1.3×0.289275–0.742974 · 0.15 % became insolvent
Negative equity1.2×0 · 0.14 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Region0.4×WC · 0.05 % became insolvent
Cash ÷ assets0.4×≥ 0.951833 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % 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
16115601 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
3 Dec 2024 (2 years)
Registered address
WC1N 3AX LONDON
Postcode area
London West Central
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 Dec 202515 Apr 2026– –£14k£28k £13k£28k1

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

Similar companies in London West Central

Questions about TERMS IT LIMITED

What is the company number of TERMS IT LIMITED?

TERMS IT LIMITED is registered under company number 16115601 in the official register of United Kingdom. View it at the official register.

Is TERMS IT LIMITED still active?

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

Has TERMS IT LIMITED gone bankrupt or into insolvency?

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

How likely is TERMS IT LIMITED to become insolvent?

Our model estimates a 0.00 % probability that TERMS 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 TERMS IT LIMITED founded?

TERMS IT LIMITED was incorporated on 3 Dec 2024.

Where is TERMS IT LIMITED registered?

TERMS IT LIMITED's registered address is in WC1N 3AX LONDON (London West Central), United Kingdom.

What do the latest accounts of TERMS IT LIMITED show?

The latest published accounts (period ending 31 Dec 2025) show equity of £14k, total assets of £28k, 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.