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Ibl Logistics Ltd

08698776

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

42 INGOT CLOSE, WALSALL, WS2 7DD
Incorporated 20/09/2013

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 20/09/2025

Due 04/10/2026

On track

Industry

49410
Freight transport by road

Officers

Igor Balaz

secretary · Since 20/09/2013

Mr Igor Balaz

director · Since 20/09/2013

HAULAGE

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Persons with Significant Control

Mr Igor Balaz

75–100% shares

British · United Kingdom · Age 59

42, Ingot Close, Walsall, WS2 7DD

Notified 20/09/2016

CompanyRankvs 516260+ SIC 49410 peers
32

Financial strength5th percentile among SIC peers · 1/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.08× · 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 strength1/25 pts

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

Employees1/15 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 30/09/2024

Net Worth

-£29k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£2k

Current Liabilities

£30k

Fixed Assets

£4k

0avg. employees

Balance Sheet

Assets less current liabilities-£24k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08+£3k
20230.03-£5k
20220.01-£14k
20210.01-£8k
20200.21+£251
20190.18-£5k
20180.78

Derived from filed accounts. Not audited figures.