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Isotank Services Limited

01448387

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

LIMERICK ROAD, REDCAR, TS10 5JU
Incorporated 13/09/1979

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/09/2025

Due 23/09/2026

On track

Industry

49410
Freight transport by road

Officers

Mr John Thornton Wilson

director · Since 02/06/2016

DIRECTOR

AMERICAN · UNITED STATES · Age 51

Also on 11 other boards

Mr Antony John Leighton

director · Since 06/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 12 other boards

Persons with Significant Control

Depot Connect International Uk Limited

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

Limerick Road, Limerick Road, Redcar, TS10 5JU

Reg: 10090777 · Companies House · Company Limited By Shares

Notified 02/06/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)

Created 28/07/2016Registered 02/08/2016Satisfied 07/09/2021
Charge
satisfied

BANK OF SCOTLAND PLC

Created 06/06/2016Registered 21/06/2016Satisfied 22/05/2025
charge
satisfied

BARCLAYS BANK PLC

Created 12/01/2007Registered 17/01/2007Satisfied 09/06/2016
charge
satisfied

BARCLAYS BANK PLC

Created 27/09/1994Registered 30/09/1994Satisfied 04/06/2003
charge
satisfied

BARCLAYS BANK PLC

Created 27/09/1994Registered 30/09/1994Satisfied 04/06/2003
charge
satisfied

BARCLAYS BANK PLC

Created 27/01/1994Registered 07/02/1994Satisfied 28/10/1994
charge
satisfied

BARCLAYS BANK PLC

Created 12/01/1994Registered 27/01/1994Satisfied 28/10/1994
charge
satisfied

BARCLAYS BANK PLC

Created 17/02/1989Registered 27/02/1989Satisfied 04/06/2003
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/1988Registered 16/12/1988Satisfied 20/05/2016
charge
satisfied

BARCLAYS BANK PLC

Created 20/11/1986Registered 28/11/1986Satisfied 04/06/2003
charge
satisfied

BARCLAYS BANK PLC

Created 06/10/1983Registered 13/10/1983Satisfied 09/06/2016

CompanyRankvs 1276+ SIC 49410 peers
72

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Liquidity12/20 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

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

£2.0M

Annual revenue

Net Worth

£9.6M

Balance sheet strength

Cash

£792k

Cash in the bank

Profit Before Tax

£426k

Bottom line earnings

Net Current Assets

£3.7M

Working capital

Current Assets

£12.4M

Current Liabilities

£8.7M

Fixed Assets

£8.1M

Debtors

£11.6M

Cost of Sales

£685k

Gross Profit

£1.3M

Admin Expenses

£3.7M

Operating Profit

-£913k

Profit After Tax

£220k

35avg. employees+7

Tax at Year End(2022)

Corp tax£62k

People Costs

Wages & salaries£1.6M
NI contributions£190k

Balance Sheet

Assets less current liabilities£11.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.42+£220k
20231.46+£1.1M
20221.21+£1.2M
20211.01

Derived from filed accounts. Not audited figures.