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Ipro Sport Distribution Ltd

09501344

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
45 / 100

Notable Risks

25/30
Filing
0/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

SUITE E2, 2ND FLOOR THE OCTAGON, COLCHESTER, CO1 1TG
Incorporated 20/03/2015

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

Overdue

Confirmation statement

Last: 04/10/2025

Due 18/10/2026

On track

Industry

46341
46341

Officers

Mr Thomas Edward Garrad

director · Since 23/11/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 15 other boards

Mr Jaswinder Singh Gandhum

director · Since 25/06/2019

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 9 other boards

Mr William Derek Garrad

director · Since 22/05/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 27

Persons with Significant Control

Mr Thomas Edward Garrad

Significant control

British · United Kingdom · Age 35

Riverhouse, 1, Maidstone Road, Sidcup, DA14 5RH

Notified 06/04/2016

Ipro Sport Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Suite E2, 2nd Floor, The Octagon, Colchester, CO1 1TG

Reg: 09933310 · Companies House · Limited Company

Notified 10/06/2016

Charges0 outstanding

Charge
satisfied

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 18/09/2015Registered 05/10/2015Satisfied 02/10/2023

Insolvency History1 case

corporate voluntary arrangement

Martin Charles Armstrong (practitioner) · James E Patchett (practitioner)

CompanyRankvs 1225+ SIC 46341 peers
21

Financial strength0th percentile among SIC peers · 0/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Employees3/15 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.

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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/06/2024

Net Worth

-£4.2M

Balance sheet strength

Cash

£884

Cash in the bank

Net Current Assets

-£4.0M

Working capital

Current Assets

£1.6M

Current Liabilities

£5.6M

Fixed Assets

£7k

Debtors

£942k

0avg. employees-3

Balance Sheet

Assets less current liabilities-£4.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£626k
20230.32

Derived from filed accounts. Not audited figures.