I A G Metalwork Limited
04626736
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 02/01/2026
Due 16/01/2027
Industry
Officers
Persons with Significant Control
Mr Ian Andrew Gray
British · United Kingdom
Notified 02/01/2017
CompanyRankvs 2521+ SIC 25110 peers37
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
value. The presentation currency of the financial statements is the Pound Sterling (£). Page 3 I A G Metalwork Limited Notes to the Unaudited Financial Statements for the year ended 31 January 2026 Going concern The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least th
Key FinancialsYear ending 31/01/2026
Net Worth
-£6k
Balance sheet strength
Cash
£12k
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£20k
Current Liabilities
£33k
Fixed Assets
£9k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.62 | -£9k |
| 2025 | 0.89 | -£9k |
| 2024 | 1.31 | -£5k |
| 2023 | 1.44 | — |
Derived from filed accounts. Not audited figures.