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Ihl Tech Ltd

09926970

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

2 SAXON BUSINESS PARK, HESSLE, HU13 9PD
Incorporated 22/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Andrew Mark Ludlow

director · Since 01/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Ms Kelly Annette Roberts

director · Since 01/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 5 other boards

Persons with Significant Control

H3o Global Ltd

75–100% shares

2, Saxon Business Park Owen Avenue, Hessle, HU13 9PD

Reg: 13092008 · England · Limited Company

Notified 23/03/2021

Former PSCs

Mr Howard Thomas Gant

Ceased 23/03/2021

Mr Peter Hannibal

Ceased 23/03/2021

Mr Paul Newton Harris

Ceased 23/03/2021

CompanyRankvs 40934+ SIC 62012 peers
39

Financial strength6th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees6/15 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.

Longevity10/15 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 31/12/2023

Net Worth

-£61k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£63k

Current Liabilities

£96k

Fixed Assets

£6k

Debtors

£46k

1avg. employees

Balance Sheet

Intangible assets£3k
Assets less current liabilities-£28k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.65-£15k
20220.85-£38k
20211.48
20201.61
20191.29+£47k
20180.98

Derived from filed accounts. Not audited figures.