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I K Piling Limited

09471555

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

HAUNCHWOOD PARK INDUSTRIAL EST TUNNEL ROAD, NUNEATON, CV10 9SP
Incorporated 04/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Mr Ivor King

director · Since 04/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 86

Also on 3 other boards

Mr Simon Mark King

director · Since 04/03/2015

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Andrew James King

director · Since 22/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Simon Mark King

25–50% shares
25–50% votes

British · England · Age 52

First Floor, 7 Marina Court, Hinckley, LE10 3BF

Notified 01/09/2025

Mr Andrew James King

25–50% shares
25–50% votes

British · England · Age 50

First Floor, 7 Marina Court, Hinckley, LE10 3BF

Notified 01/09/2025

Former PSCs

Mr Ivor King

Ceased 01/09/2025

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 14/12/2016Registered 14/12/2016

CompanyRankvs 6116+ SIC 42990 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.3× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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6116I K Piling Limited
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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.

Employees11/15 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.

Longevity11/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Going Concern The directors assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on

Key FinancialsYear ending 30/09/2024

Net Worth

-£1.4M

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£12k

Current Liabilities

£2k

Fixed Assets

£14k

3avg. employees

Balance Sheet

Assets less current liabilities£24k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.30-£9k
2023135.51+£552k
202273.26+£157k
20216.79+£96k
20201.60+£100k
20192.59-£905k
20181.37—

Derived from filed accounts. Not audited figures.