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Iwis Drive Systems Limited

02969829

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

8C BLOOMFIELD PARK, TIPTON, DY4 9AP
Incorporated 20/09/1994

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/09/2025

Due 04/10/2026

On track

Industry

25930
Manufacture of wire products, chain and springs

Officers

Margret Beate Held

secretary · Since 01/12/2014

Nico Hirsch

director · Since 01/12/2014

COMPANY DIRECTOR

GERMAN · GERMANY · Age 52

Dr Frank Mitzschke

director · Since 01/01/2018

DIRECTOR

GERMAN · GERMANY · Age 47

Mr Abhijit Hari Potdar

director · Since 01/02/2018

DIRECTOR

GERMAN · GERMANY · Age 44

Persons with Significant Control

Mr Hubert Johannes Winklhofer

Significant control

German · Germany · Age 62

Albert Rosshaupter, Strasse 53, D-81369 Munich

Notified 06/04/2016

Former PSCs

Mr Andrew James Fletcher

Ceased 01/08/2017

Mrs Margret Beate Held

Ceased 01/08/2017

Mr Abhijit Hari Potdar

Ceased 01/02/2018

CompanyRankvs 47+ SIC 25930 peers
78

Financial strength77th percentile among SIC peers · 19/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 8.84× · 20/20
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 strength19/25 pts

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

Employees9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£597k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.4M

Current Liabilities

£156k

Fixed Assets

£5k

Debtors

£347k

9avg. employees-1

Tax at Year End

Corp tax£30k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20258.84-£2k
20248.33+£195k
20237.53

Derived from filed accounts. Not audited figures.