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I.B.S. Electrical Limited

02833213

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

VICTORIA HOUSE, SOUTHEND ON SEA, SS1 1BN
Incorporated 05/07/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Colin John Smith

director · Since 01/10/1999

DIRECTOR

BRITISH · ENGLAND · Age 80

Colin John Smith

secretary · Since 04/06/2008

BRITISH · UNITED KINGDOM · Age 80

Thomas Jared Smith

director · Since 04/06/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Colin John Smith

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

British · England · Age 80

Victoria House, Southend On Sea, SS1 1BN

Notified 06/04/2016

Mrs Jeannette Margaret Smith

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

British · England · Age 79

Victoria House, Southend On Sea, SS1 1BN

Notified 06/04/2016

CompanyRankvs 33190+ SIC 43210 peers
36

Financial strength5th percentile among SIC peers · 1/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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.

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

-£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£403

Current Liabilities

£16k

Fixed Assets

£237

1avg. employees

Balance Sheet

Assets less current liabilities-£15k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£881
20230.03-£837
20220.03-£857
20210.03-£932
20200.03-£992
20190.03-£3k
20180.14

Derived from filed accounts. Not audited figures.