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Ia Cad Contractors Ltd

06662697

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FLAT 3-3, LONDON, WC2H 7BA
Incorporated 04/08/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Inaki Arruti

director · Since 04/08/2008

DIRECTOR

SPANISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Inaki Arruti

75–100% shares
75–100% votes

British · United Kingdom · Age 43

Flat 3-3, 28 Lisle Street, London, WC2H 7BA

Notified 29/06/2016

CompanyRankvs 34297+ SIC 62012 peers
44

Financial strength9th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.86× · 6/20
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 strength2/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£22k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£68k

Current Liabilities

£80k

Fixed Assets

£738

Debtors

£36k

1avg. employees

Balance Sheet

Bank loans & overdrafts£12k
Assets less current liabilities-£10k
Signed by 06662697 2023-09-01 2024-08-31 06662697 2024-08-31 06662697 core:CurrentFinancialInstruments 2024-08-31 06662697 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86-£6k
20230.95-£9k
20221.09
20211.21
20201.00
20191.01
20181.01

Derived from filed accounts. Not audited figures.