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Iridium Corporate Services Limited

04571930

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1ST CHOICE ACCIDENT REPAIR CENTRE, CARDIFF, CF23 9AQ
Incorporated 24/10/2002

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

70229
Management consultancy activities

Officers

Mr Mervyn Adrian Ham

director · Since 02/11/2025

BRITISH · WALES · Age 69

Also on 8 other boards

Persons with Significant Control

Mr Mervyn Adrian Ham

75–100% shares

British · Wales · Age 69

1st Choice Accident Repair Centre, Ipswich Road, Cardiff, CF23 9AQ

Notified 09/12/2025

Former PSCs

Mr Mervyn Adrian Ham

Ceased 01/06/2021

Mrs Michelle Marie Ham

Ceased 05/11/2025

Mr Mervyn Adrian Ham

Ceased 06/04/2025

CompanyRankvs 116691+ SIC 70229 peers
48

Financial strength4th percentile among SIC peers · 1/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£29k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£31k

Current Liabilities

£37k

Fixed Assets

£1

Debtors

£23k

2avg. employees

Tax at Year End(2021)

Corp tax-£1

Balance Sheet

Assets less current liabilities-£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.84-£3k
20241.04-£29k
20211.86-£40k
20203.40+£40k
20191.01+£795
20180.96

Derived from filed accounts. Not audited figures.