International Applications Limited
05708229
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/06/2020
DIRECTOR
SOUTH AFRICAN · UNITED KINGDOM · Age 35
Also on 16 other boards
Persons with Significant Control
Mr Pieter Uys Barnard
South African · United Kingdom · Age 35
15 High Street, Brackley, NN13 7DH
Notified 02/11/2021
Paint World Holdings Limited
15 High Street, Brackley, NN13 7DH
Reg: 13695119 · England & Wales · Limited Company
Notified 02/11/2021
Former PSCs
Mr Llewelyn Mulder
Ceased 01/04/2020
Durham & Co Holdings Limited
Ceased 02/11/2021
Mrs Deborah Durham
Ceased 30/10/2020
Mr Karl Durham
Ceased 02/11/2021
Charges1 outstanding
HSBC INVOICE FINANCE (UK) LTD
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
HSBC UK BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC INVOICE FINANCE (UK) LTD
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 1762+ SIC 46900 peers61
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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
Company has adequate resources to remain in operation and have no reason to believe that a material uncertainty exists that may cast significant doubt about the Company's ability to continue as a going concern. Accordingly, the financial statements have been prepared on the going concern basis of accounting. Page 4 INTERNATIONAL APPLICATIONS LIMITED (REGISTERED NUMBER: 05708229) REPORT OF THE
Key FinancialsYear ending 31/03/2025
Turnover
£18.4M
Annual revenue
Net Worth
£2.9M
Balance sheet strength
Cash
£136k
Cash in the bank
Profit Before Tax
£36k
Bottom line earnings
Net Current Assets
£2.9M
Working capital
Current Assets
£9.4M
Current Liabilities
£6.5M
Fixed Assets
£218k
Debtors
£5.6M
Cost of Sales
£15.0M
Gross Profit
£3.4M
Admin Expenses
£3.4M
Operating Profit
£41k
Profit After Tax
£27k
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.44 | +£27k |
| 2024 | 1.54 | +£14k |
| 2022 | 1.80 | -£2.7M |
| 2021 | 2.09 | — |
Derived from filed accounts. Not audited figures.