Ion Science Limited
02359038
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/05/1999
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 12 other boards
director · Since 15/06/2022
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 4 other boards
Persons with Significant Control
Hive Technologies Group Limited
The Hive, Butts Lane, Royston, SG8 7SL
Reg: 11583873 · Companies Registry For England And Wales · Private Company Limited By Shares
Notified 31/05/2019
Former PSCs
Mr Duncan Brian Johns
Ceased 09/03/2020
Frank William Houlton Dean
Ceased 31/05/2019
Mark Stockdale
Ceased 30/10/2019
Charges5 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
MARK STOCKDALE
HSBC BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC INVOICE FINANCE (UK) LTD
HSBC BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 105+ SIC 26513 peers70
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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
Outstanding charges: -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 concern are d
Key FinancialsYear ending 31/12/2020
Turnover
£14.5M
Annual revenue
Net Worth
£16.9M
Balance sheet strength
Cash
£2.0M
Cash in the bank
Profit Before Tax
£4.2M
Bottom line earnings
Net Current Assets
£11.1M
Working capital
Current Assets
£12.7M
Current Liabilities
£1.5M
Fixed Assets
£7.4M
Debtors
£7.6M
Cost of Sales
£4.9M
Gross Profit
£9.6M
Admin Expenses
£4.8M
Operating Profit
£4.3M
Profit After Tax
£3.8M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 8.38 |
Derived from filed accounts. Not audited figures.