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Industrial Bags And Covers Ltd

09186528

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)

Details

UNIT 7, CLEETHORPES, DN35 8BL
Incorporated 22/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Andrew Lee Waterhouse

director · Since 22/08/2014

MANUFACTURING

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mrs Gina Louise Waterhouse

director · Since 22/08/2014

MANUFACTURING

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Mr Andrew Lee Waterhouse

25–50% shares
25–50% votes

British · England · Age 50

Unit 7, Poplar Road Business Units, Cleethorpes, DN35 8BL

Notified 06/04/2016

Mrs Gina Louise Waterhouse

25–50% shares
25–50% votes

British · United Kingdom · Age 48

Unit 7, Poplar Road Business Units, Cleethorpes, DN35 8BL

Notified 06/04/2016

CompanyRankvs 479+ SIC 13990 peers
57

Financial strength36th percentile among SIC peers · 9/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.11× · 12/20
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 strength9/25 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.

Liquidity12/20 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 31/08/2024

Net Worth

£28

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£17k

Current Liabilities

£16k

Fixed Assets

£2

2avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11
20231.38
20221.14-£1k
20211.21+£2k
20201.09-£15
20191.37

Derived from filed accounts. Not audited figures.