Industrial Common Ownership Finance Limited
01109141
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2025
group
Next accounts due
30/09/2027
Confirmation statement
Last: 23/04/2026
Due 07/05/2027
Industry
Officers
secretary · Since 01/09/2010
director · Since 03/03/2017
CHARITY CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 53
Also on 4 other boards
director · Since 23/06/2021
CO-OPERATIVE CONSULTANT
SCOTTISH · SCOTLAND · Age 48
Also on 1 other board
director · Since 01/01/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 44 other boards
director · Since 18/06/2025
DEVELOPMENT WORKER
BRITISH · ENGLAND · Age 62
Also on 2 other boards
director · Since 19/06/2025
COOPERATIVE DEVELOPMENT WORKER
BRITISH · ENGLAND · Age 37
Also on 4 other boards
director · Since 19/06/2025
CO-OPERATIVE DEVELOPMENT WORKER
BRITISH · ENGLAND · Age 40
Also on 2 other boards
director · Since 10/10/2025
DEVELOPMENT WORKER
BRITISH · ENGLAND · Age 71
Also on 2 other boards
Persons with Significant Control
Former PSCs
Mr Alain Demontoux
Ceased 27/02/2025
Miss Joanna White
Ceased 26/06/2018
Charges0 outstanding
PHILIP KIRSH LIMITED
CompanyRankvs 316+ SIC 64999 peers77
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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 concern are d
Key FinancialsYear ending 31/12/2023
Turnover
£391k
Annual revenue
Net Worth
£2.6M
Balance sheet strength
Cash
£2.4M
Cash in the bank
Profit Before Tax
£160k
Bottom line earnings
Net Current Assets
£3.5M
Working capital
Current Assets
£4.7M
Current Liabilities
£1.2M
Fixed Assets
£189k
Debtors
£271k
Admin Expenses
£413k
Operating Profit
-£21k
Profit After Tax
-£67k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 3.93 | +£160k |
| 2022 | 3.23 | -£67k |
| 2021 | 2.96 | -£43k |
| 2020 | 3.86 | +£61k |
| 2019 | 2.70 | +£171k |
| 2018 | 3.30 | — |
Derived from filed accounts. Not audited figures.