Back to search

Ink Cartridges Ltd

04465829

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

10 NEWPORTE BUSINESS PARK, LINCOLN, LN2 4SY
Incorporated 20/06/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Timothy Richard Johnson

secretary · Since 15/07/2002

BRITISH · GBR · Age 47

Also on 3 other boards

Mr Timothy Richard Johnson

director · Since 15/07/2002

MANAGER

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Persons with Significant Control

Mr Timothy Richard Johnson

25–50% shares
25–50% votes

British · England · Age 47

10 Newporte Business Park, Bishops Road, Lincoln, LN2 4SY

Notified 06/04/2016

Former PSCs

Mrs Ruth Johnson

Ceased 02/03/2021

Mr Yusuf Hanif Vindhani

Ceased 28/06/2021

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 11/11/2014Registered 27/11/2014
charge
satisfied

HSBC BANK PLC

Created 01/09/2003Registered 06/09/2003Satisfied 14/08/2010

CompanyRankvs 7587+ SIC 47910 peers
65

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.99× · 6/20
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 strength24/25 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.

Liquidity6/20 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 31/03/2025

Net Worth

£136k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£442k

Current Liabilities

£447k

Fixed Assets

£152k

Debtors

£222k

7avg. employees+1

Balance Sheet

Intangible assets£149k
Assets less current liabilities£147k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.99+£77k
20240.91-£158k
20231.31-£9k
20221.42-£41k
20211.71
20200.93
20191.17

Derived from filed accounts. Not audited figures.