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I K Piling Limited

09471555

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-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

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

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 51

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 51

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 10374+ SIC 42990 peers
20

Financial strength0th percentile among SIC peers · 0/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

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.

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.

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 t

Key FinancialsYear ending 30/09/2025

Net Worth

-£1.4M

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£293k

Working capital

Current Assets

£69k

Current Liabilities

£362k

Fixed Assets

£300k

Debtors

£60k

3avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19-£17k
20247.30-£9k
2023135.51

Derived from filed accounts. Not audited figures.