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Ionsquared Ltd

07355660

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

58 SOUTHCOTE LANE, READING, RG30 3AD
Incorporated 24/08/2010

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/07/2025

Due 14/08/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mrs Elizabeth Samuel

secretary · Since 24/08/2010

Mr Rajiv Jacob Samuel

director · Since 24/08/2010

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Rajiv Jacob Samuel

25–50% shares
75–100% votes

British · England · Age 56

58, Southcote Lane, Reading, RG30 3AD

Notified 31/07/2016

Former PSCs

Mrs Elizabeth Samuel

Ceased 30/07/2018

CompanyRankvs 1826+ SIC 64209 peers
76

Financial strength69th percentile among SIC peers · 17/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.67× · 20/20
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 strength17/25 pts

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

Employees9/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£64k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£101k

Current Liabilities

£38k

Fixed Assets

£1k

Debtors

£81k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.67+£39k
20231.67-£3k
20221.93+£9k

Derived from filed accounts. Not audited figures.