Ibas Associates Ltd
08263252
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 16/10/2025
Due 30/10/2026
Industry
Officers
Persons with Significant Control
Mr John Mcdonagh
Irish · England · Age 55
Quest Accounting Services Ltd, Suite 106, The Pinnacle, Milton Keynes, MK9 1BP
Notified 22/10/2016
CompanyRankvs 3288+ SIC 70100 peers70
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2025
Net Worth
£12k
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
£8k
Working capital
Current Assets
£13k
Current Liabilities
£5k
Fixed Assets
£4k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 2.45 | -£44k | £193k |
| 2024 | 2.89 | -£16k | £193k |
| 2023 | 2.86 | — | £249k |
Derived from filed accounts. Not audited figures.