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Island Computer Systems Limited

02114816

active
ltd
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

20 Princes Esplanade, Cowes, PO31 8LE
Incorporated 24/03/1987

Previously known as

Rp 70 Limited · until 04/09/1987

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 15/06/2025

Due 29/06/2026

On track

Industry

47410
Retail sale of computers, peripheral units and software in specialised stores
95110
Repair of computers and peripheral equipment

Officers

Peter Douglas Newlands

secretary

United Kingdom

Peter Douglas Newlands

director

United Kingdom · England · Age 72

Former

Victor Mcmullan

director · Resigned 17/07/1994

Ian Robert Hampton

director · Resigned 22/12/2005

Andrew John Martch

director · Resigned 16/02/2015

Simon Jeremy Clarke

director · Resigned 15/03/2024

Persons with Significant Control

Mr Peter Douglas Newlands

75–100% shares

British · United Kingdom · Age 72

20, Princes Esplanade, Cowes, PO31 8LE

Notified 17/07/2016

Charges3 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 03/06/1998Registered 04/06/1998
charge
outstanding

LLOYDS BANK PLC

Created 03/03/1995Registered 07/03/1995
charge
outstanding

LLOYDS BANK PLC

Created 09/11/1994Registered 12/11/1994
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/09/1992Registered 01/10/1992Satisfied 09/12/1994

Change History

officer appointedNEWLANDS, Peter Douglas
2026-06-04
officer appointedNEWLANDS, Peter Douglas
2026-06-04
post townCowes
2026-06-04

COWES

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line120 Princes Esplanade
2026-06-04

20 PRINCES ESPLANADE

CompanyRankvs 192+ SIC 47410 peers
67

Financial strength94th percentile among SIC peers · 24/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.01× · 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.

Employees3/15 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 31/01/2025

Net Worth

£176k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£123k

Working capital

Current Assets

£164k

Current Liabilities

£41k

Fixed Assets

£53k

0avg. employees-3

Balance Sheet

Assets less current liabilities£176k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.01+£83k
20243.88-£47k
20233.67-£89k
20226.85-£18k
20215.34+£15k
20203.15+£28k
20193.55

Derived from filed accounts. Not audited figures.