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Island Ribs Limited

09032208

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

1580 PARKWAY SOLENT BUSINESS PARK, FAREHAM, PO15 7AG
Incorporated 09/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30120
Building of pleasure and sporting boats

Officers

Miss Joanna Lucy Burke

director · Since 09/05/2014

ADMINISTRATOR

BRITISH · ENGLAND · Age 48

Mrs Lesley Kate Driver

director · Since 20/12/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Miss Joanna Lucy Burke

25–50% shares

British · England · Age 48

1580 Parkway, Solent Business Park, Fareham, PO15 7AG

Notified 06/04/2016

Mr Alexander William Cottle

25–50% shares

British · England · Age 50

1580 Parkway, Solent Business Park, Fareham, PO15 7AG

Notified 06/04/2016

Mrs Lesley Kate Driver

25–50% shares

British · England · Age 55

The Old Rectory, Bishampton Road, Worcester, WR7 4BT

Notified 20/12/2021

Former PSCs

Mr Brian Robert Hallett

Ceased 20/12/2021

CompanyRankvs 15+ SIC 30120 peers
33

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity12 years trading (max 15) · 12/15
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.

Employees0/15 pts

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

Liquidity6/20 pts

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

Longevity12/15 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 30/06/2024

Net Worth

-£287k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

-£43k

Working capital

Current Assets

£210k

Current Liabilities

£253k

Fixed Assets

£163k

Debtors

£48k

10avg. employees+1

Balance Sheet

Intangible assets£55k
Bank loans & overdrafts£30k
Assets less current liabilities£120k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83-£202k
20232.34-£87k
20222.57+£11k
20211.42
20200.77
20190.70

Derived from filed accounts. Not audited figures.