I.O.W. Contractors Ltd
08294994
Some Concerns
- 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
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/11/2012
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 1 other board
Persons with Significant Control
Mr Andrew John Potter
British · England · Age 60
168, Church Road, Hove, BN3 2DL
Notified 06/04/2016
CompanyRankvs 122841+ SIC 82990 peers28
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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.
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
assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. The directors consider th
Key FinancialsYear ending 30/11/2024
Net Worth
-£75k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£76k
Working capital
Current Assets
£20k
Current Liabilities
£95k
Fixed Assets
£5k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.21 | -£22k |
| 2023 | 0.29 | +£7k |
| 2022 | 0.47 | +£84k |
| 2021 | 0.18 | -£4k |
| 2020 | 0.18 | -£9k |
| 2019 | 0.12 | -£19k |
| 2018 | 0.13 | — |
Derived from filed accounts. Not audited figures.