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Ibic Ltd

09204079

active
Private Limited Company
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

123 EASTERN AVENUE, ILFORD, IG4 5AN
Incorporated 04/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Qamarul Islam

director · Since 01/09/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Qamarul Islam

25–50% shares

British · England · Age 49

123, Eastern Avenue, Ilford, IG4 5AN

Notified 06/04/2016

Former PSCs

Ms Kanwal Bajwa

Ceased 25/11/2020

CompanyRankvs 28559+ SIC 68100 peers
62

Financial strength23th percentile among SIC peers · 6/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 9.21× · 20/20
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 strength6/25 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.

Liquidity20/20 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 30/09/2024

Net Worth

-£2k

Balance sheet strength

Cash

£431

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£51k

Current Liabilities

£5k

Debtors

£50k

1avg. employees

Balance Sheet

Assets less current liabilities£45k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20249.21-£547
202310.60
202211.05
202152.74
20201.17+£0
201982.89+£0
201818.23

Derived from filed accounts. Not audited figures.