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Jonic Limited

05988470

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

JONIC LTD EASTGATE, MORECAMBE, LA3 3DY
Incorporated 03/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13921
Manufacture of soft furnishings

Officers

Nicola Jane Cannon

secretary · Since 22/11/2006

BUILDER

BRITISH · UNITED KINGDOM · Age 51

Also on 5 other boards

Jonathan Cannon

director · Since 22/11/2006

BUILDER

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Nicola Jane Cannon

director · Since 22/11/2006

BUILDER

BRITISH · UNITED KINGDOM · Age 51

Also on 5 other boards

Persons with Significant Control

Jonathan Cannon

25–50% shares
25–50% votes

British · United Kingdom · Age 56

35, Queens Drive, Morecambe, LA4 6LN

Notified 01/07/2016

Nicola Jane Cannon

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 51

35, Queens Drive, Morecambe, LA4 6LN

Notified 01/07/2016

CompanyRankvs 227+ SIC 13921 peers
68

Financial strength83th percentile among SIC peers · 21/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.21× · 12/20
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 strength21/25 pts

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

Employees5/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£57k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£118k

Current Liabilities

£98k

Fixed Assets

£120k

1avg. employees-10

Balance Sheet

Assets less current liabilities£141k

EstimatesDerived

YearCurrent RatioImplied Profit
20241.21-£93
20231.41+£52k
20221.27-£28k
20210.98

Derived from filed accounts. Not audited figures.