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Iridescent Ideas Cic

07635685

active
Community Interest Company
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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

86 ALCESTER STREET, PLYMOUTH, PL2 1EE
Incorporated 16/05/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Gareth Nicholas Hart

director · Since 16/05/2011

BUSINESS ADVISER

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mrs Melanie Jane Tucker

director · Since 16/05/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Ms Sara Burgess

director · Since 27/01/2016

MANAGEMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 68

Also on 3 other boards

Kate Brown

director · Since 28/11/2022

HEAD OF MARKETING

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Gareth Nicholas Hart

25–50% shares
25–50% votes

British · England · Age 54

86, Alcester Street, Plymouth, PL2 1EE

Notified 06/04/2016

Mrs Melanie Jane Tucker

25–50% shares
25–50% votes

British · England · Age 50

86, Alcester Street, Plymouth, PL2 1EE

Notified 06/04/2016

CompanyRankvs 6169+ SIC 70229 peers
81

Financial strength69th percentile among SIC peers · 17/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.94× · 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.

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.

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

Key FinancialsYear ending 31/05/2022

Turnover

£84k

Annual revenue

Net Worth

£17k

Balance sheet strength

Cash

£8k

Cash in the bank

Profit Before Tax

-£5k

Bottom line earnings

Net Current Assets

£16k

Working capital

Current Assets

£20k

Current Liabilities

£3k

Fixed Assets

£741

Debtors

£5k

Cost of Sales

£75k

Gross Profit

£8k

Admin Expenses

£13k

Operating Profit

-£5k

4avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£17k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20225.94

Derived from filed accounts. Not audited figures.