Independent Sewing Services Limited
05528569
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/07/2024
total exemption full
Next accounts due
14/07/2026
Confirmation statement
Last: 04/08/2025
Due 18/08/2026
Industry
Officers
director · Since 04/08/2005
DIRECTOR
BRITISH · UNITED KINGDOM · Age 69
Also on 1 other board
Persons with Significant Control
Ms Elizabeth Ready
British · United Kingdom · Age 69
Unit 10, Gisbourne Close, Chesterfield, S43 3JT
Notified 06/04/2016
Charges1 outstanding
APOLLO BUSINESS FINANCE LIMITED
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 72+ SIC 13950 peers27
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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
Statements The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/07/2024
Net Worth
-£40k
Balance sheet strength
Cash
£895
Cash in the bank
Net Current Assets
-£21k
Working capital
Current Assets
£43k
Current Liabilities
£64k
Fixed Assets
£1k
Debtors
£36k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.67 | -£3k | £38k |
| 2023 | 0.72 | -£6k | £21k |
| 2022 | 0.59 | -£14k | £12k |
| 2021 | 1.11 | +£6k | £24k |
| 2020 | 0.74 | -£16k | £24k |
| 2019 | 0.70 | — | £24k |
| 2018 | 0.88 | — | £30k |
Derived from filed accounts. Not audited figures.