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Ibin Innovations Limited

07755067

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

55 SPRINGHILL PARK, WOLVERHAMPTON, WV4 4TR
Incorporated 30/08/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mrs Paula Jane Burton

director · Since 30/08/2011

HOUSING OFFICER

BRITISH · UNITED KINGDOM · Age 54

Mr Andrew John Burton

director · Since 03/12/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Andrew John Burton

75–100% shares
75–100% votes

British · United Kingdom · Age 58

55, Springhill Park, Wolverhampton, WV4 4TR

Notified 03/12/2016

CompanyRankvs 2322+ SIC 47910 peers
82

Financial strength94th percentile among SIC peers · 24/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 4.42× · 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 strength24/25 pts

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

Employees8/15 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 31/08/2024

Net Worth

£72k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£72k

Working capital

Current Assets

£93k

Current Liabilities

£21k

Fixed Assets

£4k

1avg. employees

Balance Sheet

Assets less current liabilities£76k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.42-£10k
20234.66+£16k
20223.06+£17k
20212.57+£17k
20201.42+£14k
20191.42+£19k
20180.81

Derived from filed accounts. Not audited figures.