Institute Of Legacy Management
04340249
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
CompanyRankvs 6107+ SIC 85590 peers72
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Turnover
£418k
Annual revenue
Net Worth
£37k
Balance sheet strength
Cash
£71k
Cash in the bank
Profit Before Tax
-£37k
Bottom line earnings
Net Current Assets
-£48k
Working capital
Current Assets
£160k
Current Liabilities
£208k
Fixed Assets
£87k
Debtors
£79k
Cost of Sales
£82k
Gross Profit
£336k
Admin Expenses
£374k
Operating Profit
-£38k
Profit After Tax
-£39k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.77 | -£68k |
| 2023 | 1.14 | +£19k |
| 2022 | 1.04 | -£40k |
| 2021 | 1.66 | -£3k |
| 2020 | 1.65 | — |
Derived from filed accounts. Not audited figures.