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Industria Bearings And Transmissions Limited

06006121

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

ATLANTIC HOUSE, UXBRIDGE, UB8 2QE
Incorporated 22/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment
46760
Wholesale of other intermediate products

Officers

Mr Tariq Masood Malik

director · Since 01/01/2020

COMMERCIAL MANAGER

BRITISH · ENGLAND · Age 70

Also on 4 other boards

Mrs Michelle Brownsmith

secretary · Since 21/09/2020

Mr Rehman Tariq Malik

director · Since 01/03/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Tariq Masood Malik

significant-influence-or-control-as-firm

British · United Kingdom · Age 70

Atlantic House, 76 Cowley Mill Road, Uxbridge, UB8 2QE

Notified 30/01/2020

Former PSCs

Mr Peter Lindsey Jackson

Ceased 30/01/2020

Arpoador Limited

Ceased 14/02/2020

Charges2 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 02/05/2019Registered 07/05/2019
Charge
outstanding

BANK OF SCOTLAND PLC

Created 21/02/2019Registered 21/02/2019
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 26/02/2010Registered 08/03/2010Satisfied 17/05/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/02/2010Registered 03/03/2010Satisfied 29/03/2019
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 29/12/2006Registered 04/01/2007Satisfied 11/03/2010

CompanyRankvs 551+ SIC 46690 peers
72

Financial strength89th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.97× · 16/20
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 strength22/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 31/10/2024

Net Worth

£948k

Balance sheet strength

Cash

£140k

Cash in the bank

Net Current Assets

£815k

Working capital

Current Assets

£1.7M

Current Liabilities

£843k

Fixed Assets

£134k

Debtors

£164k

12avg. employees

Tax at Year End

VAT£54k

Balance Sheet

Intangible assets£5
Assets less current liabilities£948k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.97-£2k£1.1M
20232.00-£570£572k
20221.93-£5k£879k
20212.10£671k

Derived from filed accounts. Not audited figures.