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The Ideaswork Limited

04577825

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

206 TURNERS HILL, CHESHUNT, EN8 9DE
Incorporated 30/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr David Christopher Skipper

secretary · Since 30/10/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 5 other boards

Mr David Christopher Skipper

director · Since 30/10/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 5 other boards

Mrs Karen Skipper

director · Since 24/06/2016

CONSULTANT

BRITISH · ENGLAND · Age 72

Persons with Significant Control

Mr Davidf Skipper

25–50% shares

British · England · Age 71

206, Turners Hill, Cheshunt, EN8 9DE

Notified 06/04/2016

CompanyRankvs 60473+ SIC 96090 peers
45

Financial strength8th percentile among SIC peers · 2/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.19× · 2/20
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 strength2/25 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.

Liquidity2/20 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 31/10/2024

Net Worth

-£16k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£5k

Current Liabilities

£25k

Fixed Assets

£4k

Debtors

£1k

2avg. employees

Tax at Year End(2021)

Corp tax£248
VAT£2k

Director Loans

Company owes directors£23k

Balance Sheet

Assets less current liabilities-£16k
Signed by Mr David Skipper 25/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.19-£628
20230.24-£379
20220.25-£3k
20210.46+£1k£37k
20200.46-£5k
20190.47
20180.59

Derived from filed accounts. Not audited figures.