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Ibex Innovations Ltd

07208355

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

NETPARK PLEXUS THOMAS WRIGHT WAY, STOCKTON-ON-TEES, TS21 3FD
Incorporated 30/03/2010

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/03/2026

Due 13/04/2027

On track

Industry

32990
Other manufacturing
72190
Other research and experimental development on natural sciences and engineering
74909
Other professional, scientific and technical activities

Officers

Ip2ipo Services Limited

director · Since 03/10/2018

BRITISH

Also on 143 other boards

Dr Paul David Scott

director · Since 01/04/2020

CHIEF TECHNICAL OFFICER

BRITISH · UNITED KINGDOM · Age 45

Mr Benjamin Peecock

director · Since 28/06/2023

ENGINEERING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Andrew Darby Mitchell

director · Since 30/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 3 other boards

Mr Stuart Arthur Gall

director · Since 14/04/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Persons with Significant Control

North East Finance (Subco) Limited

Significant control

27-35, 5th Floor, Maybrook House, Newcastle Upon Tyne, NE1 5JE

Reg: 07039229 · Companies House · Private Limited Company

Notified 06/04/2016

Northstar Ventures Limited

Significant control

Maybrook House, Grainger Street, Newcastle Upon Tyne, NE1 5JE

Reg: 5104995 · Companies House · Private Limited Company

Notified 06/04/2016

Majority Kingdom Investment Limited

Significant control

10, Union Street, London, SE1 1SZ

Reg: 08737149 · Companies House · Private Limited Company

Notified 06/04/2016

North East Technology Limited

Significant control

The Walbrook Building, 25 Walbrook, London, EC4N 8AF

Reg: 06628835 · Companies House · Private Limited Company

Notified 06/04/2016

Ip2ipo Portfolio (Gp) Limited

Significant control

The Walbrook, 25 Walbrook, London, EC4N 8AF

Reg: 10360684 · England And Wales · Private Limited Company

Notified 24/04/2017

Former PSCs

Dr Gary Gibson

Ceased 03/10/2018

Ip2ipo Limited

Ceased 24/04/2017

CompanyRankvs 3489+ SIC 32990 peers
62

Financial strength30th percentile among SIC peers · 8/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.54× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength8/25 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

At the time of signing the financial statements, this is not legally complete and so represents a material uncertainty which may cast significant doubt over the company's ability to continue as a going concern. The directors have prepared a contingency operating plan involving operational restructuring and cost reductions. This plan ensures that existing operating capital is sufficient to cover th

Key FinancialsYear ending 31/03/2026

Net Worth

£76

Balance sheet strength

Cash

£654k

Cash in the bank

Net Current Assets

£887k

Working capital

Current Assets

£1.0M

Current Liabilities

£118k

Fixed Assets

£14k

Debtors

£350k

Profit After Tax

-£1.3M

19avg. employees+19

Balance Sheet

Assets less current liabilities£901k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20268.54
20255.99
20240.75
20233.34

Derived from filed accounts. Not audited figures.