Isotank Services Limited
01448387
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 09/09/2025
Due 23/09/2026
Industry
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 peers72
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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 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
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.42 | +£220k |
| 2023 | 1.46 | — |
Derived from filed accounts. Not audited figures.