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Ivel 2 Limited

01307388

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

C/O CLYDE & CO LLP, THE ST BOTOLPH, LONDON, EC3A 7AR
Incorporated 06/04/1977

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

28/08/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

25290
Manufacture of other tanks, reservoirs and containers of metal

Officers

Mr George Arthur Smith

director · Since 31/12/1992

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mr Gethin James Taylor

director · Since 25/11/2025

BRITISH · ISLE OF MAN · Age 61

Chancery Secretaries Limited

secretary · Since 12/12/2025

Persons with Significant Control

Ivel Limited

75–100% shares
75–100% votes
Appoint directors

Level 6, 10a Prospect Hill, Douglas, Isle Of Man, IM99 1FY

Reg: 013198v · Isle Of Man Companies Registry · Limited Company

Notified 25/11/2025

Former PSCs

Mr Anthony Derrek Morris

Ceased 25/11/2025

Charges2 outstanding

Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 01/03/2024Registered 07/03/2024
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 01/03/2024Registered 07/03/2024
Charge
satisfied

TM TRUSTEES LTD (AS TRUSTEE) AND ANTHONY DERRICK MORRIS (AS TRUSTEE)

Created 18/11/2015Registered 20/11/2015Satisfied 13/01/2023
charge
satisfied

TM TRUSTEES LIMITED AND ANTHONY DERRICK MORRIS AS TRUSTEES OF THE TANK & VESSELS LIMITED RETIRE

Created 14/06/2012Registered 19/06/2012Satisfied 13/01/2023
charge
satisfied

CLYDESDALE BANK PUBLIC LIMITED COMPANY

Created 12/06/2006Registered 29/06/2006Satisfied 24/05/2019
charge
satisfied

CLYDESDALE BANK PUBLIC LIMITED COMPANY

Created 12/06/2006Registered 29/06/2006Satisfied 24/05/2019
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 16/06/1999Registered 16/06/1999Satisfied 24/05/2019
charge
satisfied

YORKSHIRE BANK PLC

Created 17/03/1992Registered 30/03/1992Satisfied 29/07/2025
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 23/12/1991Registered 24/12/1991Satisfied 24/05/2019
charge
satisfied

YORKSHIRE BANK PLC

Created 26/07/1991Registered 01/08/1991Satisfied 24/05/2019
charge
satisfied

YORKSHIRE BANK PLC

Created 10/06/1991Registered 18/06/1991Satisfied 24/05/2019
charge
satisfied

YORKSHIRE BANK PLC

Created 03/10/1990Registered 04/10/1990Satisfied 27/10/2025
charge
satisfied

YORKSHIRE BANK PLC

Created 18/05/1990Registered 21/05/1990Satisfied 29/07/2025
charge
satisfied

YORKSHIRE BANK PLC

Created 11/05/1983Registered 16/05/1983Satisfied 29/07/2025
charge
satisfied

YORKSHIRE BANK PLC.

Created 08/03/1982Registered 17/11/1982Satisfied 24/05/2019
charge
satisfied

YORKSHIRE BANK LIMITED

Created 08/12/1980Registered 22/12/1980Satisfied 24/05/2019
charge
satisfied

YORKSHIRE BANK LIMITED

Created 05/11/1980Registered 07/11/1980Satisfied 27/10/2025

CompanyRankvs 15+ SIC 25290 peers
77

Financial strength97th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 6.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

£6.4M

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

£5.1M

Working capital

Current Assets

£6.1M

Current Liabilities

£976k

Fixed Assets

£5.1M

Debtors

£4.4M

28avg. employees-1

Balance Sheet

Assets less current liabilities£10.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20256.27-£352k
20243.51-£379k
20232.03+£344k
20222.23-£12k
20211.66-£198k
20202.84-£172k
20193.28+£413k
20182.84

Derived from filed accounts. Not audited figures.