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Independent Sewing Services Limited

05528569

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • 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

UNIT 4 GISBORNE CLOSE, CHESTERFIELD, S43 3JT
Incorporated 04/08/2005

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

14/07/2026

On track

Confirmation statement

Last: 04/08/2025

Due 18/08/2026

On track

Industry

13950
Manufacture of non-wovens and articles made from non-wovens
15110
Tanning and dressing of leather; dressing and dyeing of fur

Officers

Ms Elizabeth Ready

director · Since 04/08/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 1 other board

Persons with Significant Control

Ms Elizabeth Ready

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm

British · United Kingdom · Age 69

Unit 10, Gisbourne Close, Chesterfield, S43 3JT

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

APOLLO BUSINESS FINANCE LIMITED

Created 18/02/2026Registered 19/02/2026
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 02/11/2005Registered 09/11/2005Satisfied 19/02/2026

CompanyRankvs 72+ SIC 13950 peers
27

Financial strength7th percentile among SIC peers · 2/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees9/15 pts

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

Liquidity6/20 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

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

2avg. employees

Tax at Year End

VAT£2k

Director Loans

Company owes directors£57k

Balance Sheet

Assets less current liabilities-£19k
Signed by Ms Elizabeth Ready 7th February 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.67-£3k£38k
20230.72-£6k£21k
20220.59-£14k£12k
20211.11+£6k£24k
20200.74-£16k£24k
20190.70£24k
20180.88£30k

Derived from filed accounts. Not audited figures.