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Igneous Works Ltd.

08319265

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT Y1 KINGSDITCH TRADE PARK, CHELTENHAM, GL51 9PB
Incorporated 05/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Matthew James Bird

director · Since 05/12/2012

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Matthew James Bird

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

Unit Y1, Kingsditch Trade Park, Cheltenham, GL51 9PB

Notified 06/04/2016

Former PSCs

Ms Andrea Katherine Yeo Jenn

Ceased 20/08/2018

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 27/03/2013Registered 30/03/2013

CompanyRankvs 12599+ SIC 43390 peers
52

Financial strength73th percentile among SIC peers · 18/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/03/2025

Turnover

£1.8M

Annual revenue

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£23k

Bottom line earnings

Net Current Assets

-£29k

Working capital

Current Assets

£338k

Current Liabilities

Fixed Assets

£148k

Debtors

£83k

Cost of Sales

£662k

Gross Profit

£1.1M

Admin Expenses

£1.1M

Operating Profit

£37k

18avg. employees-1

Balance Sheet

Bank loans & overdrafts£47k
Assets less current liabilities£119k
Prepared with BrightAccountsProduction v1.0.0

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£25k
20241.05-£70k
20231.16+£51k
20221.09+£36k
20211.09

Derived from filed accounts. Not audited figures.