Iraco Group Limited
08763561
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/11/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
director · Since 19/11/2013
CHAIRMAN
BRITISH, · UNITED KINGDOM · Age 76
Also on 4 other boards
Persons with Significant Control
Mr Saad Jaffer Naji
British · England · Age 76
Broad House, 1 The Broadway, Old Hatfield, AL9 5BG
Notified 15/10/2016
Mr Troy Spencer Mayer
British · England · Age 55
Broad House, 1 The Broadway, Old Hatfield, AL9 5BG
Notified 15/06/2022
Former PSCs
Mr Guillermo Algar Vazquez
Ceased 05/08/2025
Charges2 outstanding
UNITED TRUST BANK LIMITED
PARATUS AMC LIMITED
CompanyRankvs 101287+ SIC 68100 peers30
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Net Worth
-£244k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£322k
Working capital
Current Assets
£38k
Current Liabilities
£360k
Fixed Assets
£227k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.11 | -£22k |
| 2023 | 0.07 | -£24k |
| 2022 | 0.02 | -£372k |
| 2021 | 0.06 | +£38k |
| 2020 | 0.00 | +£66k |
| 2019 | 0.03 | +£27k |
| 2018 | 0.01 | — |
Derived from filed accounts. Not audited figures.