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Isotank Services Limited

01448387

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • 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

Antony John Leighton

director · Since 06/12/2023

British

John Thornton Wilson

director · Since 02/06/2016

American

Former

Colin Garnett

secretary · Resigned 26/05/2006

Enid Garnett

secretary · Resigned 02/06/2016

Robert Anthony Bayliss

director · Resigned 14/05/2020

Brian Garnett

director · Resigned 11/10/2013

Colin Garnett

director · Resigned 06/12/2023

Enid Garnett

director · Resigned 02/06/2016

Enid Garnett

director · Resigned 27/06/1997

Tony Morsovillo

director · Resigned 01/06/2024

Joseph James Troy

director · Resigned 06/12/2023

John Michael Wilson

director · Resigned 29/08/2013

CompanyRankvs 17860+ SIC 49410 peers
72

Financial strength100th percentile among SIC peers · 25/25
Employees98th 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

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

Derived from filed accounts. Not audited figures.