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Independence-Development Ltd

07500078

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

4 BLENHEIM AVENUE, ILFORD, IG2 6JG
Incorporated 20/01/2011

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 20/01/2026

Due 03/02/2027

On track

Industry

87900
Other residential care activities

Officers

Mr Michael Kieth Olyedemi

director · Since 20/01/2011

PSYCHOLOGIST

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Michael Kieth Olyedemi

75–100% shares

British · England · Age 46

Flat 395 -43 Bedford Street, Bedford Street, London, WC2E 9HA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 28/11/2024Registered 28/11/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 22/08/2020Registered 27/08/2020

CompanyRankvs 165+ SIC 87900 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.37× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£365k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£268k

Working capital

Current Assets

£464k

Current Liabilities

£196k

Fixed Assets

£293k

Debtors

£451k

40avg. employees

Tax at Year End

Corp tax£39k

Balance Sheet

Bank loans & overdrafts£156k
Assets less current liabilities£561k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.37+£19k
20243.26-£27k
20233.59+£40k
20222.90+£54k
20213.75+£58k
20201.92+£62k
20191.89

Derived from filed accounts. Not audited figures.