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Iraco Group Limited

08763561

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

BROAD HOUSE, OLD HATFIELD, AL9 5BG
Incorporated 06/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
70100
Activities of head offices

Officers

Mr Troy Spencer Mayer

director · Since 19/11/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mr Saad Jaffer Naji

director · Since 19/11/2013

CHAIRMAN

BRITISH, · UNITED KINGDOM · Age 76

Also on 4 other boards

Mr Troy Spencer Mayer

secretary · Since 21/02/2018

Also on 1 other board

Persons with Significant Control

Mr Saad Jaffer Naji

25–50% shares
25–50% votes

British · England · Age 76

Broad House, 1 The Broadway, Old Hatfield, AL9 5BG

Notified 15/10/2016

Mr Troy Spencer Mayer

25–50% shares
25–50% votes

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

Charge
outstanding

UNITED TRUST BANK LIMITED

Created 21/10/2019Registered 24/10/2019
Charge
outstanding

PARATUS AMC LIMITED

Created 28/03/2018Registered 10/04/2018

CompanyRankvs 101287+ SIC 68100 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees9/15 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.

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

1avg. employees

Balance Sheet

Assets less current liabilities-£94k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11-£22k
20230.07-£24k
20220.02-£372k
20210.06+£38k
20200.00+£66k
20190.03+£27k
20180.01

Derived from filed accounts. Not audited figures.