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Ashley Iles (Edge Tools) Limited

00595799

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

FENSIDE,, SPILSBY,, PE23 4DD
Incorporated 20/12/1957

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 18/08/2025

Due 01/09/2026

On track

Industry

25730
Manufacture of tools

Officers

Mr Anthony Charles Iles

director · Since 21/12/1991

GENERAL MANAGER

BRITISH · ENGLAND · Age 74

Persons with Significant Control

Mr Anthony Charles Iles

25–50% shares
75–100% votes

British · England · Age 74

Delamont, Main Road, Spilsby, PE23 5AE

Notified 06/04/2016

Former PSCs

Mr Barry Arnold Iles

Ceased 15/05/2022

Charges5 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 15/06/1988Registered 22/06/1988
charge
outstanding

BARCLAYS BANK PLC

Created 15/06/1988Registered 22/06/1988
charge
outstanding

MIDLAND BANK LTD

Created 30/09/1981Registered 05/10/1981
charge
outstanding

MIDLAND BANK LTD

Created 23/10/1980Registered 29/10/1980
charge
outstanding

COUNCIL FOR SMALL INDSUTRIES IN RURAL AREAS

Created 22/02/1978Registered 27/01/1978

CompanyRankvs 323+ SIC 25730 peers
52

Financial strength72th percentile among SIC peers · 18/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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323Ashley Iles (Edge Tools) Limited
62
How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2024

Net Worth

£231k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£33k

Current Liabilities

£85k

Fixed Assets

£334k

Debtors

£5k

7avg. employees-1

Balance Sheet

Assets less current liabilities£282k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.39-£3k
20230.57+£230k
20220.82+£0
20210.91+£0
20200.98+£2k
20190.77—

Derived from filed accounts. Not audited figures.