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Imb Painting Limited

08547942

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

RADIAL HOUSE, UNIT 110, 1ST FLOOR, BARKING, IG11 7NF
Incorporated 29/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings
43341
Painting
78200
Temporary employment agency activities

Officers

Mr Vasile Ciobotaru

director · Since 01/05/2017

DIRECTOR

ROMANIAN · UNITED KINGDOM · Age 74

Persons with Significant Control

Mr Vasile Ciobotaru

Appoint directors

Romanian · United Kingdom · Age 74

651, Honeypot Lane, Stanmore, HA7 1JE

Notified 29/05/2017

Former PSCs

Mr Ilie Aurel Buzincu

Ceased 09/11/2019

CompanyRankvs 22184+ SIC 41201 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees5/15 pts

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

Liquidity2/20 pts

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

Longevity13/15 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 31/05/2025

Turnover

£1.2M

Annual revenue

Net Worth

-£181k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£150k

Working capital

Current Assets

£134k

Current Liabilities

£284k

Debtors

£118k

Cost of Sales

£1.2M

Gross Profit

£86k

Admin Expenses

£56k

Operating Profit

£30k

Profit After Tax

£30k

1avg. employees

Balance Sheet

Assets less current liabilities-£150k
Signed by Mr Vasile Ciobotaru 27/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47+£30k
20240.19+£20k
20230.13+£4k
20220.09-£72k
20210.12+£848
20200.15-£64k
20190.07-£18k

Derived from filed accounts. Not audited figures.