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Independent Polymer Technology Ltd

04627765

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)
  • Current liabilities exceed current assets (-10)

Details

UNIT F4, TELFORD, TF7 4NY
Incorporated 03/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71200
Technical testing and analysis
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Gary Howe

secretary · Since 03/01/2003

ENGINEER

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Mr Gary Howe

director · Since 03/01/2003

ENGINEER

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Dr Joanne Waterson

director · Since 03/01/2003

SENIOR CONSULTANT

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Gary Howe

75–100% shares

British · England · Age 58

Unit F4, Halesfield 23, Telford, TF7 4NY

Notified 06/04/2016

Dr Joanne Waterson

Significant control

British · England · Age 64

Unit F4, Halesfield 23, Telford, TF7 4NY

Notified 06/04/2016

CompanyRankvs 212+ SIC 71200 peers
85

Financial strength88th percentile among SIC peers · 22/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 9.58× · 20/20
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 strength22/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/01/2025

Net Worth

£196k

Balance sheet strength

Cash

£112k

Cash in the bank

Net Current Assets

£137k

Working capital

Current Assets

£152k

Current Liabilities

£16k

Fixed Assets

£60k

Debtors

£36k

4avg. employees

Director Loans

Company owes directors£677

Balance Sheet

Assets less current liabilities£196k
Signed by Mr Gary Howe 17/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20259.58-£25k
20249.83-£28k
202313.72

Derived from filed accounts. Not audited figures.