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I.D.S. Refrigeration Limited

03400691

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

22 APEX COURT WOODLANDS, BRISTOL, BS32 4JT
Incorporated 09/07/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Pascal Andre Dehon

director · Since 26/01/1998

DIRECTOR

FRENCH · BELGIUM · Age 66

Also on 2 other boards

Pierre Etienne Dehon

director · Since 16/12/1998

DIRECTOR

FRENCH · FRANCE · Age 70

Pierre Donat

director · Since 21/03/2008

FD

FRENCH · FRANCE · Age 68

Allan Kristian Harper

director · Since 09/06/2011

MANAGER

BRITISH · UNITED KINGDOM · Age 59

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 03/06/2020Registered 08/06/2020
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 25/05/2017Registered 26/05/2017
charge
satisfied

EUROFACTOR (UK) LIMITED

Created 09/10/2007Registered 11/10/2007Satisfied 10/11/2016

CompanyRankvs 1497+ SIC 46900 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.62× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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1497I.D.S. Refrigeration Limited
82
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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and management did not utilise government assistance in the year in respect of furlough payments. As things stand, the Board of Directors considers that the company's ability to continue as a going concern is not at risk. The COVID-19 pandemic continues to affect the UK and global economies however the recent lifting of social restrictions by the government means the directors anticipate the UK an

Key FinancialsYear ending 31/12/2020

Turnover

£15.0M

Annual revenue

Net Worth

£6.3M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£4.4M

Working capital

Current Assets

£11.5M

Current Liabilities

£7.1M

Fixed Assets

£2.3M

Debtors

£5.4M

Cost of Sales

£8.7M

Gross Profit

£6.3M

Admin Expenses

£3.4M

Operating Profit

£2.1M

Profit After Tax

£1.6M

21avg. employees

Tax at Year End

Corp tax£71k
Dividends paid-£2.5M

People Costs

Wages & salaries£965k
NI contributions£111k

Balance Sheet

Intangible assets£2k
Bank loans & overdrafts£440k
Assets less current liabilities£6.7M
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
20201.62

Derived from filed accounts. Not audited figures.