Ibiza Rocks Group Limited
08336154
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/12/2012
NONE
BRITISH · ENGLAND · Age 55
Also on 4 other boards
secretary · Since 23/12/2013
Persons with Significant Control
Dawn Hindle
British · Spain · Age 54
3rd Floor, 86 - 90 Paul Street, London, EC2A 4NE
Notified 06/04/2016
Mr Andrew Charles Mckay
British · United Kingdom · Age 55
3rd Floor, 86 - 90 Paul Street, London, EC2A 4NE
Notified 06/04/2016
Charges0 outstanding
KEITH DESMOND HALSEY AND JIM MELLON
CompanyRankvs 1516+ SIC 82110 peers60
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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
within the main subsidiary trading business of the group. The directors have assessed the impact of these plans with respect to any potential uncertainty on the Group's ability to continue as a going concern and concluded that there are no material issues likely to impact the group in this respect for at least twelve months from the date of approving these financial statements. Strategic pri
Key FinancialsYear ending 31/12/2024
Net Worth
£293k
Balance sheet strength
Cash
£68k
Cash in the bank
Net Current Assets
-£529k
Working capital
Current Assets
£106k
Current Liabilities
£635k
Fixed Assets
£830k
Debtors
£38k
Profit After Tax
£927k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.17 | -£462k |
| 2023 | 0.84 | -£107k |
| 2022 | 1.62 | +£493k |
| 2021 | 0.11 | +£364k |
| 2020 | 0.42 | +£0 |
| 2019 | 2.39 | +£0 |
| 2018 | 3.48 | — |
Derived from filed accounts. Not audited figures.