Ibco Limited
05180507
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 15/07/2004
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 5 other boards
director · Since 15/07/2004
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 3 other boards
director · Since 15/07/2004
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 6 other boards
director · Since 15/07/2004
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 5 other boards
Charges2 outstanding
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CompanyRankvs 497+ SIC 46310 peers52
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern - material uncertainty In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial s
Key FinancialsYear ending 31/12/2024
Net Worth
£1.4M
Balance sheet strength
Cash
£200k
Cash in the bank
Profit Before Tax
-£337k
Bottom line earnings
Net Current Assets
£1.0M
Working capital
Current Assets
£12.4M
Current Liabilities
£11.4M
Fixed Assets
£391k
Debtors
£5.5M
Cost of Sales
£27.8M
Admin Expenses
£3.1M
Profit After Tax
-£232k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.09 | +£0 |
| 2024 | 1.09 | -£232k |
| 2023 | 1.11 | -£1.4M |
| 2022 | 1.21 | — |
Derived from filed accounts. Not audited figures.