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Iwa Consulting Engineers Ltd

01831600

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

28 WILTON ROAD, EAST SUSSEX, TN40 1EZ
Incorporated 10/07/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71111
Architectural activities

Officers

Mr Philip Erridge

director · Since 01/08/2007

CONSULTING ENGINEER

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Philip Erridge

25–50% shares
25–50% votes
Appoint directors

United Kingdom · England · Age 60

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 06/04/2016

Mrs Claire Erridge

25–50% shares
25–50% votes

British · England · Age 60

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

WORKING CAPITAL PARTNERS LIMITED

Created 16/06/2017Registered 20/06/2017Satisfied 30/11/2021

CompanyRankvs 3150+ SIC 71111 peers
60

Financial strength61th percentile among SIC peers · 15/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.21× · 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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3150Iwa Consulting Engineers Ltd
70
How is this score calculated?
Financial strength15/25 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.

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

fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the director has concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements. Turnover Turnover represents invoices raised in respect of consultancy services provided, excluding any value added tax. Turnover is r

Key FinancialsYear ending 31/03/2025

Net Worth

£10k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£67k

Current Liabilities

£55k

Fixed Assets

£1k

Debtors

£43k

Profit After Tax

£65k

5avg. employees

Tax at Year End

Corp tax£18k
VAT£15k
Dividends paid£75k

Director Loans

Company owes directors£1k

Balance Sheet

Assets less current liabilities£13k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.21-£11k£309k
20241.58-£9k—
20231.95+£21k£252k
20221.84-£19k£226k
20211.76-£17k£505k
20200.87+£5k£323k
2019—-£686£238k
2017——£483k

Derived from filed accounts. Not audited figures.