S.I.P.(Industrial Products)Limited
00942287
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 07/12/2025
Due 21/12/2026
Industry
Officers
Paul Ippaso
secretary · Since 01/09/2005
British
Adriana Edy Ippaso
director · Since 20/08/2007
British
Paul Ippaso
director · Since 03/01/1995
British
Roger Clive Povoas
director · Since 28/02/2020
British
Former
Philippa Dawkins
secretary · Resigned 31/08/2004
Graham William Gittus
secretary · Resigned 01/09/2005
Roger Clive Povoas
secretary · Resigned 17/01/2002
Adriana Edy Ippaso
director · Resigned 17/01/2002
Filippo Ippaso
director · Resigned 08/10/2009
Marco Mario Ippaso
director · Resigned 31/08/2010
Marco Mario Ippaso
director · Resigned 22/03/2010
David Jones
director · Resigned 17/10/2007
Roger Clive Povoas
director · Resigned 31/01/2020
Roger Clive Povoas
director · Resigned 25/02/2009
Roger Clive Povoas
director · Resigned 17/01/2002
CompanyRankvs 180+ SIC 32990 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£16.3M
Annual revenue
Net Worth
£7.4M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Profit Before Tax
£314k
Bottom line earnings
Net Current Assets
£7.3M
Working capital
Current Assets
£11.0M
Current Liabilities
£3.7M
Fixed Assets
£103k
Debtors
£4.5M
Cost of Sales
£10.5M
Gross Profit
£5.7M
Admin Expenses
£5.8M
Operating Profit
-£105k
Profit After Tax
£381k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 2.95 |
Derived from filed accounts. Not audited figures.