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Ion Engineering Limited

05798376

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

DELTA 606, WELTON ROAD, WILTSHIRE, SN5 7XF
Incorporated 27/04/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr Andrew David Stevens

director · Since 08/06/2006

TELECOM TEST ENGINEER

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mrs Fiona Tracy Jacques-Stevens

secretary · Since 01/10/2007

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Mrs Fiona Tracy Jacques-Stevens

25–50% shares
25–50% votes

British · England · Age 61

Delta 606, Welton Road, Wiltshire, SN5 7XF

Notified 27/04/2016

Mr Andrew David Stevens

50–75% shares
50–75% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 58

Delta 606, Welton Road, Wiltshire, SN5 7XF

Notified 27/04/2017

Former PSCs

Mr Connor Jacques-Stevens

Ceased 01/09/2022

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 04/10/2022Registered 05/10/2022

CompanyRankvs 2644+ SIC 61900 peers
57

Financial strength76th percentile among SIC peers · 19/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2025

Net Worth

£44k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£81k

Current Liabilities

£95k

Fixed Assets

£58k

Debtors

£41k

3avg. employees

Tax at Year End(2018)

Corp tax£6k

Balance Sheet

Bank loans & overdrafts£9k
Assets less current liabilities£44k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.86-£68k
20241.00+£100k
20230.54-£66k
20221.89+£9k
20213.43+£45k
20201.48
20191.75
20181.92

Derived from filed accounts. Not audited figures.