Ideaworks (London) Limited
03943726
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/03/2000
FOUNDER
BRITISH · ENGLAND · Age 70
Also on 5 other boards
director · Since 23/07/2012
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 2 other boards
director · Since 23/07/2012
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 2 other boards
director · Since 23/07/2012
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 4 other boards
secretary · Since 19/12/2013
director · Since 08/12/2014
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 2 other boards
director · Since 18/04/2016
DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 3 other boards
director · Since 01/04/2024
DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 3 other boards
Persons with Significant Control
Ideaworks (London) Group Ltd
206, Great Portland Street, London
Reg: 03943726 · Companies House · Ltd
Notified 06/04/2016
Charges5 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 5049+ SIC 74909 peers57
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Turnover
£33.0M
Annual revenue
Net Worth
£5.9M
Balance sheet strength
Cash
£971k
Cash in the bank
Profit Before Tax
£88k
Bottom line earnings
Net Current Assets
£3.8M
Working capital
Current Assets
£11.9M
Current Liabilities
£8.0M
Fixed Assets
£2.4M
Debtors
£10.2M
Cost of Sales
£28.4M
Gross Profit
£4.6M
Admin Expenses
£4.5M
Profit After Tax
-£18k
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.48 | -£18k |
| 2024 | 1.45 | +£34k |
| 2023 | 2.62 | +£10 |
| 2022 | 1.46 | +£51k |
| 2021 | 1.78 | +£230k |
| 2020 | 1.54 | +£45k |
| 2019 | 1.70 | — |
Derived from filed accounts. Not audited figures.