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I-Mex (M&E) Limited

08632626

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

UNIT H18-20 RISBY BUSINESS PARK, RISBY, IP28 6RD
Incorporated 01/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Philip John Smailes

director · Since 01/08/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mr Daniel Philip Smailes

director · Since 01/02/2021

QUANTITY SURVEYOR

BRITISH · ENGLAND · Age 32

Also on 1 other board

Mrs Linda Yvonne Smailes

director · Since 01/01/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

I-Mex (M&E) Holdings Limited

75–100% shares
75–100% votes

Unit 3 & 4, Manor Park, Church Road, Bury St. Edmunds, IP31 2QR

Reg: 10791647 · Uk · Limited Company

Notified 20/07/2017

Former PSCs

Mr Philip John Smailes

Ceased 20/07/2017

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 22/02/2021Registered 01/03/2021Satisfied 26/01/2023
Charge
satisfied

LLOYDS BANK PLC

Created 13/05/2014Registered 23/05/2014Satisfied 17/08/2017

CompanyRankvs 2621+ SIC 43390 peers
74

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2023

Turnover

£20.9M

Annual revenue

Net Worth

£2.4M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Profit Before Tax

£954k

Bottom line earnings

Net Current Assets

£2.5M

Working capital

Current Assets

£7.1M

Current Liabilities

£4.6M

Fixed Assets

£499k

Debtors

£4.6M

Cost of Sales

£18.4M

Gross Profit

£2.5M

Admin Expenses

£1.7M

Operating Profit

£928k

Profit After Tax

£699k

39avg. employees-3

Tax at Year End

Corp tax£398k
Dividends paid£428k

People Costs

Wages & salaries£2.1M
NI contributions£86k

Balance Sheet

Assets less current liabilities£3.0M
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.54+£875k
20221.28+£896k
20211.24-£606k
20201.37

Derived from filed accounts. Not audited figures.