Back to search

Ioco Solutions Limited

06530792

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

6-7 CASTLE GATE, HERTFORD, SG14 1HD
Incorporated 11/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Richard Ian Vester

director · Since 10/03/2021

CLUSTER EXECUTIVE

BRITISH · ENGLAND · Age 50

Also on 1 other board

Ms Ashona Kooblall

director · Since 14/02/2025

DIRECTOR

SOUTH AFRICAN · SOUTH AFRICA · Age 41

Former

Mr Michael John Morey

director · Resigned 04/09/2026

Charges1 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/03/2023Registered 10/03/2023Satisfied 18/03/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/02/2023Registered 15/02/2023

CompanyRankvs 2593+ SIC 62090 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Ncr Limited
90
2Barron Mccann Limited
90
3Newspress Limited
90
4Numerical Algorithms Group Limited (The)
90
5Lynbrook Managed Services Limited
90
6Xenith Document Systems Ltd
90
7Sight And Sound Technology Limited
90
8Htec Limited
90
9Computair Limited
90
10Esp Systex Limited
90
2593Ioco Solutions Limited
82
How is this score calculated?
Financial strength25/25 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.

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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/07/2025

Turnover

£6.7M

Annual revenue

Net Worth

£1.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£90k

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£3.8M

Current Liabilities

£2.7M

Fixed Assets

£182k

Debtors

£2.6M

Cost of Sales

£4.9M

Gross Profit

£1.8M

Admin Expenses

£1.7M

Operating Profit

£84k

Profit After Tax

£65k

23avg. employees-2

Tax at Year End

Dividends paid£122k

Balance Sheet

Total assets£182k
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.44-£57k
20241.38+£156k
20231.54—

Derived from filed accounts. Not audited figures.