Back to search

Im Automation Systems Limited

05226585

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

STOCK HOUSE JOSSELIN ROAD, BASILDON, SS13 1QE
Incorporated 09/09/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33200
Installation of industrial machinery and equipment

Officers

Mr Ian Mcilquham

director · Since 09/09/2004

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 7 other boards

Mr Ian Mcilquham

secretary · Since 20/05/2014

Also on 7 other boards

Persons with Significant Control

Imas Holdings Limited

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

Stock House, Josselin Road,, Basildon, SS13 1QE

Reg: 15017858 · Companies House · Company Limited By Shares

Notified 25/11/2025

Former PSCs

Mr Ian Mcilquham

Ceased 25/11/2025

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 28/10/2024Registered 30/10/2024
Charge
outstanding

LLOYDS BANK PLC

Created 20/05/2021Registered 28/05/2021
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 05/09/2018Registered 12/09/2018Satisfied 21/05/2021
Charge
outstanding

LLOYDS BANK PLC

Created 19/05/2017Registered 19/05/2017

CompanyRankvs 21+ SIC 33200 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.59× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/01/2025

Turnover

£14.4M

Annual revenue

Net Worth

£4.4M

Balance sheet strength

Cash

£5.3M

Cash in the bank

Profit Before Tax

£899k

Bottom line earnings

Net Current Assets

£4.3M

Working capital

Current Assets

£6.9M

Current Liabilities

£2.7M

Fixed Assets

£161k

Debtors

£1.2M

Cost of Sales

£11.5M

Gross Profit

£3.0M

Admin Expenses

£1.3M

Operating Profit

£949k

Profit After Tax

£660k

32avg. employees-1

Tax at Year End

Corp tax£630k
Dividends paid-£500k

People Costs

Wages & salaries£2.0M
NI contributions£203k

Balance Sheet

Interest payable£54k
Assets less current liabilities£4.4M
Signed by Mr Ian McIlquham 30/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.59+£160k
20242.46+£1.3M
20232.73

Derived from filed accounts. Not audited figures.