Ix Associates Limited
04498781
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/03/2003
MANAGEMENT
BRITISH · UNITED KINGDOM · Age 54
Also on 9 other boards
Persons with Significant Control
Mr Satinderpal Singh Bains
British · United Kingdom · Age 54
367, Caledonian Road, London, N7 9DQ
Notified 30/07/2016
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 152389+ SIC 70229 peers34
Show leaderboard
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 31/07/2025
Net Worth
-£671k
Balance sheet strength
Cash
-£11k
Cash in the bank
Net Current Assets
-£686k
Working capital
Current Assets
-£10k
Current Liabilities
£676k
Fixed Assets
£14k
Debtors
£1k
Tax at Year End(2022)
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | -0.01 | -£94k | — |
| 2024 | -0.00 | -£58k | — |
| 2023 | -0.02 | -£69k | — |
| 2022 | -0.02 | -£37k | £86k |
| 2021 | -0.02 | -£112k | £86k |
| 2020 | 0.02 | -£7k | £86k |
| 2019 | -0.03 | -£11k | — |
| 2018 | 0.18 | — | — |
Derived from filed accounts. Not audited figures.