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Industrial Washing Machines Limited

04636452

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 2 FACET ROAD, WEST MIDLANDS, B38 9PT
Incorporated 14/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Carl Edward Hollier

secretary · Since 16/01/2003

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Mr Carl Edward Hollier

director · Since 16/01/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 3 other boards

Mr Philip Dudley Hollier

director · Since 16/01/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 83

Also on 1 other board

Persons with Significant Control

Iwm Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Unit 2, Facet Road, Birmingham, B38 9PT

Reg: 10516161 · Registrar Of Companies (England And Wales) · Private Company Limited By Shares

Notified 16/01/2017

Former PSCs

Mr Carl Edward Hollier

Ceased 16/01/2017

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 06/02/2003Registered 13/02/2003Satisfied 11/04/2014
charge
satisfied

HSBC BANK PLC

Created 06/02/2003Registered 13/02/2003Satisfied 11/04/2014

CompanyRankvs 460+ SIC 28990 peers
77

Financial strength82th percentile among SIC peers · 21/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.44× · 12/20
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 strength21/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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 30/06/2024

Net Worth

£867k

Balance sheet strength

Cash

£979k

Cash in the bank

Net Current Assets

£757k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.7M

Fixed Assets

£146k

Debtors

£880k

40avg. employees-1

Balance Sheet

Assets less current liabilities£903k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.44+£380k
20231.17-£377k
20221.50-£367k
20211.89

Derived from filed accounts. Not audited figures.