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Iron Mill Education Limited

07489345

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)
  • Going concern doubt noted in accounts (-10)

Details

7 BARNFIELD CRESCENT, EXETER, EX1 1QT
Incorporated 11/01/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr William Joseph Fitzpatrick

secretary · Since 18/04/2012

Also on 6 other boards

Mr William Joseph Fitzpatrick

director · Since 18/04/2012

COMPANY DIRECTOR

IRISH · NORTHERN IRELAND · Age 64

Also on 6 other boards

Mr Patrick Gerard Kitterick

director · Since 18/04/2012

COMPANY DIRECTOR

IRISH · IRELAND · Age 76

Persons with Significant Control

Mr William Joseph Fitzpatrick

significant-influence-or-control-as-firm

Irish · Northern Ireland · Age 64

88, Church Road, Holywood, BT18 9BX

Notified 18/04/2016

Charges0 outstanding

Charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 21/03/2023Registered 24/03/2023Satisfied 09/04/2026

CompanyRankvs 17938+ SIC 85590 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.64× · 6/20
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 strength0/25 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.

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.

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

which may cast significant doubt about the company's ability to continue as a going concern for the foreseeable future. The other members of the group also remain fully supportive of the company. As a result, the financial statements have been prepared using the going concern basis of accou

Key FinancialsYear ending 31/07/2024

Net Worth

-£670k

Balance sheet strength

Cash

£118k

Cash in the bank

Net Current Assets

-£161k

Working capital

Current Assets

£284k

Current Liabilities

£445k

Fixed Assets

£55k

Debtors

£166k

39avg. employees+1

Balance Sheet

Assets less current liabilities-£107k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.64-£68k
20230.69-£114k
20220.73+£103k
20210.74+£117k
20200.55+£61k
20190.32-£96k
20180.31

Derived from filed accounts. Not audited figures.