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Iab - Lab Limited

02513825

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 5 PARKWOOD BUSINESS PARK, KEIGHLEY, BD21 4QR
Incorporated 20/06/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation
43290
Other construction installation
43320
Joinery installation

Officers

Mr John Martin Arran

director · Since 20/06/1992

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 1 other board

Ms Helen Kathryn Hey

director · Since 01/12/2012

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Iab Lab (Holdings) Ltd

75–100% shares

Unit 5, Parkwood Business Park, Keighley, BD21 4QR

Reg: 09579356 · Companies House · Limited Company

Notified 23/05/2024

Former PSCs

Mr John Martin Arran

Ceased 23/05/2024

Mrs Janette Arran

Ceased 13/04/2024

Charges1 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 09/10/1996Registered 15/10/1996

CompanyRankvs 2623+ SIC 43210 peers
74

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.71× · 16/20
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.

Employees14/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£724k

Balance sheet strength

Cash

£821k

Cash in the bank

Net Current Assets

£706k

Working capital

Current Assets

£1.7M

Current Liabilities

£998k

Fixed Assets

£18k

Debtors

£851k

8avg. employees

Tax at Year End(2023)

Corp tax£75k

Balance Sheet

Assets less current liabilities£724k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.71-£115k
20232.87+£77k
20221.56+£60k
20211.38+£35k
20201.86-£47k
20191.93

Derived from filed accounts. Not audited figures.