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Iquila Ltd

03170260

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 EXCELSIOR INDUSTRIAL ESTATE, CARDIFF, CF14 3AY
Incorporated 11/03/1996

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 15/04/2026

Due 29/04/2027

On track

Industry

62090
Other information technology service activities

Officers

Mr William Mccormick

director · Since 19/10/2000

COMPANY DIRECTOR

BRITISH · WALES · Age 80

Also on 23 other boards

Mr David Evan Sweet

director · Since 04/09/2014

DIRECTOR

BRITISH · WALES · Age 55

Also on 1 other board

Mr Ian Gareth Williams

director · Since 01/02/2024

DIRECTOR

BRITISH · WALES · Age 53

Persons with Significant Control

Mr David Evan Sweet

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

British · Wales · Age 55

25, Clos Y Blaidd, Cardiff, CF14 9HL

Notified 30/04/2016

Mr William Mccormick

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

British · Wales · Age 80

40 Broadway, Pontypridd, CF37 1BD

Notified 30/04/2016

Former PSCs

Mr Lee Bradley

Ceased 01/01/2017

CompanyRankvs 14993+ SIC 62090 peers
65

Financial strength2th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.05× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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14993Iquila Ltd
65
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.

Employees14/15 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 30/09/2025

Net Worth

-£379k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£188k

Current Liabilities

£91k

Fixed Assets

£903

6avg. employees

Balance Sheet

Assets less current liabilities£97k
Signed by Mr William McCormick 17/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.05-£311k
20243.35-£86k
20232.25—

Derived from filed accounts. Not audited figures.