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Ip Developments Limited

05231642

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

573 CHESTER ROAD, WEST MIDLANDS, B73 5HU
Incorporated 15/09/2004

Compliance

Last accounts

27/12/2022

total exemption full

Next accounts due

27/09/2024

Overdue

Confirmation statement

Last: 14/08/2022

Due 28/08/2023

Overdue

Industry

41100
Development of building projects

Officers

Mr David Colin Irons

secretary · Since 20/09/2004

ENGINEER

BRITISH · ENGLAND · Age 59

Also on 11 other boards

Mr David Colin Irons

director · Since 20/09/2004

ENGINEER

BRITISH · ENGLAND · Age 59

Also on 11 other boards

Mr David James Pearson

director · Since 20/09/2004

ENGINEER

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Ip Holdings (Midlands) Limited

75–100% shares

573, Chester Road, Sutton Coldfield, B73 5HU

Reg: 08752187 · Registrar Of Companies (England And Wales) · Limited Company

Notified 06/04/2016

Charges0 outstanding

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satisfied

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CompanyRankvs 39796+ SIC 41100 peers
48

Financial strength6th percentile among SIC peers · 2/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.15× · 2/20
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 strength2/25 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.

Liquidity2/20 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 27/12/2022

Net Worth

-£117k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£117k

Working capital

Current Assets

£21k

Current Liabilities

£138k

Debtors

£21k

6avg. employees

Tax at Year End(2021)

Corp tax-£64k

Balance Sheet

Assets less current liabilities-£117k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.15-£1.8M
202111.73

Derived from filed accounts. Not audited figures.