Ionian Island Holidays Ltd
04352657
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2024
full
Next accounts due
30/06/2026
Confirmation statement
Last: 08/04/2026
Due 22/04/2027
Industry
Officers
director · Since 21/05/2002
DIRECTOR
GREEK · UNITED KINGDOM · Age 44
Also on 11 other boards
director · Since 21/05/2002
DIRECTOR
GREEK · ENGLAND · Age 63
Also on 16 other boards
Persons with Significant Control
Ionian 1 Limited
Olympia House, Armitage Road, London, NW11 8RQ
Reg: 12297489 · Register Of Companies For England And Wales · Private Company Limited By Shares
Notified 13/08/2024
Former PSCs
Iih Holdings Limited
Ceased 13/08/2024
Charges1 outstanding
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CompanyRankvs 9129+ SIC 62012 peers54
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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 going concern are d
Key FinancialsYear ending 30/09/2025
Turnover
£15.6M
Annual revenue
Net Worth
£253k
Balance sheet strength
Cash
£1.6M
Cash in the bank
Profit Before Tax
£1.2M
Bottom line earnings
Net Current Assets
-£35k
Working capital
Current Assets
£3.7M
Current Liabilities
£3.7M
Fixed Assets
£382k
Debtors
£2.1M
Cost of Sales
£11.5M
Gross Profit
£4.1M
Admin Expenses
£1.8M
Operating Profit
£1.1M
Profit After Tax
£778k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.99 | -£5.1M |
| 2024 | 2.84 | +£1.2M |
| 2023 | 2.79 | — |
Derived from filed accounts. Not audited figures.