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I M Upholstery Ltd

09486056

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 5, VALE MILL BUSINESS PARK, BLACKBURN, BB1 9QJ
Incorporated 12/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Ilyas Mohamed

director · Since 12/03/2015

MANAGER

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Ilyas Mohamed

25–50% shares

British · England · Age 61

Unit 5, Emerald Street, Blackburn, BB1 9QJ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/05/2016Registered 01/06/2016

CompanyRankvs 2138+ SIC 31090 peers
48

Financial strength49th percentile among SIC peers · 12/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength12/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£1k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£147k

Current Liabilities

£160k

Fixed Assets

£14k

Debtors

£68k

13avg. employees

Balance Sheet

Intangible assets£10k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92-£48k
20241.22+£2k
20231.21

Derived from filed accounts. Not audited figures.