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Is2 Ltd

03294425

active
Private Limited Company
england wales
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

11 BRINDLEY PLACE, BIRMINGHAM, B1 2LP
Incorporated 13/12/1996

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/02/2026

Due 16/02/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Simon Nicholas James Pritchard

director · Since 13/12/1996

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Mr Frederick Charles Pritchard

director · Since 30/04/1998

CHAIRMAN

BRITISH · UNITED KINGDOM · Age 84

Barbara Pritchard

secretary · Since 16/12/1999

BUSINESS ADMINISTRATOR

BRITISH · Age 82

Also on 1 other board

Persons with Significant Control

Mr Simon Nicholas James Pritchard

25–50% shares

British · United Kingdom · Age 60

11 Brindley Place, 2 Brunswick Square, Birmingham, B1 2LP

Notified 09/12/2016

Mr Frederick Charles Pritchard

25–50% shares

British · United Kingdom · Age 84

11 Brindley Place, 2 Brunswick Square, Birmingham, B1 2LP

Notified 09/12/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 08/11/2006Registered 10/11/2006
charge
satisfied

BARCLAYS BANK PLC

Created 25/11/2004Registered 02/12/2004Satisfied 09/09/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/07/2000Registered 20/07/2000Satisfied 09/09/2009
charge
satisfied

SWANBRIDGE PROPERTIES LIMITED

Created 09/05/1997Registered 29/05/1997Satisfied 20/06/2001
charge
satisfied

MIDLAND BANK PLC

Created 21/04/1997Registered 22/04/1997Satisfied 20/06/2001

CompanyRankvs 65+ SIC 62012 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 9.35× · 20/20
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 strength25/25 pts

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

Employees15/15 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.

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

£2.1M

Balance sheet strength

Cash

£760k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.2M

Current Liabilities

£124k

Fixed Assets

£1.1M

Debtors

£396k

20avg. employees+2

Tax at Year End(2016)

Dividends paid£337k

Balance Sheet

Intangible assets£1.1M
Bank loans & overdrafts£2k
Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20249.35+£447k
20238.06+£172k
20229.84+£131k
202111.44+£56k
20205.91+£109k
20197.17+£8k
20187.33+£204k
20163.44

Derived from filed accounts. Not audited figures.