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Ionic Engineering Limited

02254117

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

5 GOSFORTH CLOSE, SANDY, SG19 1RB
Incorporated 09/05/1988

Compliance

Last accounts

30/09/2024

dormant

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/02/2026

Due 25/02/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Matthew Hallam

director · Since 27/04/2026

BRITISH · ENGLAND · Age 54

Also on 8 other boards

Former

Mr Duncan Stanford Cooper

director · Resigned 04/07/2025

Mr Bernard Anthony Scanlan

director · Resigned 31/08/2026

Persons with Significant Control

Precise Component Manufacture Limited

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

5, New Street Square, London, EC4A 3TW

Reg: 03244862 · Companies House · Private Limited Company

Notified 14/03/2018

Former PSCs

Mr Ian Timothy Fitzwater

Ceased 14/03/2018

Mr John Denis Lane

Ceased 14/03/2018

Charges2 outstanding

Charge
outstanding

ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED

Created 27/05/2021Registered 01/06/2021
Charge
outstanding

TCP GENERAL PARTNER LIMITED AS SECURITY TRUSTEE

Created 13/01/2021Registered 28/01/2021
Charge
satisfied

CLYDESDALE BANK PLC

Created 14/03/2018Registered 21/03/2018Satisfied 05/05/2021

CompanyRankvs 4747+ SIC 25990 peers
33

Financial strength21th percentile among SIC peers · 5/25
Employees53th percentile among SIC peers · 8/15
LiquidityNo balance sheet data · 0/20
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 strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 30/09/2024

Net Worth

£100

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

Current Liabilities

Debtors

£3.5M

3avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
2023Infinity

Derived from filed accounts. Not audited figures.