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Isolated Systems Limited

00979107

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)
  • Going concern doubt noted in accounts (-10)
  • 7 outstanding charges (-10)

Details

ISOLATED SYSTEMS LTD ADAMS CLOSE, HEANOR, DE75 7SW
Incorporated 08/05/1970

Compliance

Last accounts

31/05/2025

group

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 26/06/2025

Due 10/07/2026

On track

Industry

71129
Other engineering activities

Officers

Mrs Ann Irene Colebrook

director · Since 31/05/1991

SECRETARY

BRITISH · UNITED KINGDOM · Age 86

Also on 11 other boards

Mr David Arthur Colebrook

director · Since 31/05/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 85

Also on 6 other boards

Mrs Ann Irene Colebrook

secretary · Since 31/05/1991

BRITISH · UNITED KINGDOM · Age 86

Also on 11 other boards

Mr Gary Edward Peet

director · Since 01/06/2008

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Ms Gay Irene Colebrook

director · Since 01/09/2012

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 62

Mr John James Colebrook

director · Since 01/09/2012

DIRECTOR

BRITISH · ENGLAND · Age 55

Mr Nigel Colebrook

director · Since 01/09/2012

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr David Arthur Colebrook

50–75% shares

British · England · Age 85

Isolated Systems Ltd, Adams Close, Heanor, DE75 7SW

Notified 01/06/2016

Charges7 outstanding

charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 10/06/2011Registered 14/06/2011
charge
outstanding

HSBC BANK PLC

Created 21/05/2002Registered 30/05/2002
charge
outstanding

GRIFFIN FACTORS LIMITED

Created 30/11/1995Registered 06/12/1995
charge
outstanding

MIDLAND BANK PLC

Created 06/12/1985Registered 11/12/1985
charge
outstanding

MIDLAND BANK PLC

Created 05/07/1982Registered 09/07/1982
charge
outstanding

MIDLAND BANK LTD

Created 17/11/1980Registered 24/11/1980
charge
outstanding

MIDLAND BANK LTD

Created 10/06/1977Registered 16/06/1977

CompanyRankvs 10+ SIC 71129 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 31/05/2023

Net Worth

£3.9M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£4.5M

Current Liabilities

£1.3M

Fixed Assets

£718k

Debtors

£1.4M

Profit After Tax

£666k

61avg. employees-8

Tax at Year End

Corp tax£99k
Dividends paid£300k

Director Loans

Company owes directors£177k

Balance Sheet

Assets less current liabilities£4.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20233.49+£214k
20222.89+£424k
20212.77

Derived from filed accounts. Not audited figures.