Back to search

Ibase Systems Limited

03714758

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

THE COBB, MUSTER POINT FEATHERBED LANE, WANTAGE, OX12 8JF
Incorporated 17/02/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Ian Angus Laughlin

director · Since 20/02/1999

COMPUTER CONSULTANT

BRITISH · AUSTRALIA · Age 65

Also on 1 other board

Mr Mark St John Turner

director · Since 20/02/1999

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 68

Also on 2 other boards

Persons with Significant Control

Ibase Group Limited

75–100% shares

The Cobb, Muster Point, Featherbed Lane, Wantage, OX12 8JF

Reg: 05483532 · Uk Register Of Companies · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 17/11/2005Registered 26/11/2005
charge
outstanding

BARCLAYS BANK PLC

Created 03/11/2003Registered 12/11/2003

CompanyRankvs 26191+ SIC 62012 peers
39

Financial strength2th percentile among SIC peers · 1/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 28/02/2026

Net Worth

-£371k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£20k

Current Liabilities

£17k

Fixed Assets

£273

Debtors

£490

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20261.15+£4k
20250.87+£10k
20240.40+£7k
20230.26-£923k
20220.03+£1.1M
20210.16+£8k
20200.15+£9k
2019+£5k
20170.24

Derived from filed accounts. Not audited figures.