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Ibsecad Limited

03520447

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

8 BALTIC STREET EAST, LONDON, EC1Y 0UP
Incorporated 25/02/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr David Andrew Robinson B Eng

director · Since 25/02/1998

ENGINEER

BRITISH · SPAIN · Age 52

Also on 2 other boards

Mr Mark Daniel Robinson

secretary · Since 21/08/2002

ENGINEER

BRITISH · UNITED KINGDOM · Age 48

Also on 4 other boards

Mr Mark Daniel Robinson

director · Since 01/12/2004

ENGINEER

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Persons with Significant Control

Ibsecad Holdings Limited

75–100% shares
75–100% votes

8, Baltic Street East, London, EC1Y 0UP

Reg: 04495461 · Companies House · Limited By Shares

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

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CompanyRankvs 83+ SIC 62090 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.94× · 20/20
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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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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 30/04/2025

Turnover

£7.9M

Annual revenue

Net Worth

£5.4M

Balance sheet strength

Cash

£3.3M

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£5.4M

Working capital

Current Assets

£6.3M

Current Liabilities

£905k

Fixed Assets

£74k

Debtors

£3.0M

Cost of Sales

£121k

Gross Profit

£7.8M

Admin Expenses

£6.1M

Profit After Tax

£1.5M

71avg. employees-5

Tax at Year End

Dividends paid-£900k

People Costs

Wages & salaries£4.0M
NI contributions£457k

Balance Sheet

Intangible assets£6k
Bank loans & overdrafts£127k
Assets less current liabilities£5.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20256.94+£647k
20245.22+£323k
20235.46—

Derived from filed accounts. Not audited figures.