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Ipsum Power (North West) Limited

06497299

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

ROCHESTER HOUSE ACKHURST BUSINESS PARK, CHORLEY, PR7 1NY
Incorporated 07/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Mr Lee Maxwell

director · Since 14/02/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 20 other boards

Mr Mathew Gareth Vaughan

director · Since 27/10/2022

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 49

Also on 38 other boards

Mr Andrew David Cowan

director · Since 14/10/2024

CEO

BRITISH · ENGLAND · Age 59

Also on 48 other boards

Persons with Significant Control

Ipsum Utilities Limited

75–100% shares
75–100% votes

Unit 17-18, Navigation Business Village Riversway, Preston, PR2 2YP

Reg: 11243426 · Companies House · Limited Company

Notified 12/02/2021

Former PSCs

Mr Mark Meth-Cohn

Ceased 12/02/2021

Mr Francis Mcguire

Ceased 06/03/2020

Mr Robert Peck

Ceased 06/03/2020

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC AS SECURITY AGENT AND TRUSTEE FOR THE BENEFICIARIES

Created 22/05/2023Registered 30/05/2023
Charge
satisfied

HSBC UK BANK PLC

Created 15/03/2021Registered 29/03/2021Satisfied 15/05/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/02/2012Registered 25/02/2012Satisfied 07/10/2019

CompanyRankvs 284+ SIC 42990 peers
78

Financial strength91th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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284Ipsum Power (North West) Limited
88
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 30/04/2020

Net Worth

£677k

Balance sheet strength

Cash

£617k

Cash in the bank

Net Current Assets

£459k

Working capital

Current Assets

£766k

Current Liabilities

£308k

Fixed Assets

£237k

Debtors

£133k

Profit After Tax

£581k

22avg. employees-2

Tax at Year End

Corp tax£137k
Dividends paid£187k

Balance Sheet

Assets less current liabilities£696k
Prepared with Sage Accounts Production 19.0 - FRS102_2019

EstimatesDerived

YearCurrent RatioImplied Profit
20202.49-£728k
20193.48—

Derived from filed accounts. Not audited figures.