Ionic Technologies International Limited
10245432
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/09/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 1 other board
secretary · Since 25/10/2024
Persons with Significant Control
Ionic (Uk) Pty Ltd.
Level 5 South, 459 Collins Street, Victoria
Reg: 657704071 · Austrailian Securities & Investments Commission · Australian Proprietary Company, Limited By Shares
Notified 21/04/2022
Former PSCs
Seren Ag
Ceased 21/04/2022
CompanyRankvs 41277+ SIC 74909 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
events and conditions, along with the other matters as set forth in note 4, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. The audit report was signed on 8 September 2025 by Adrian Patton (Senior Statutory Auditor) on behalf of Sumer Auditco NI Limited
Key FinancialsYear ending 30/06/2025
Net Worth
-£6.0M
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
-£7.1M
Working capital
Current Assets
£512k
Current Liabilities
£7.6M
Fixed Assets
£1.3M
Debtors
£237k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | +£0 |
| 2025 | 0.07 | -£2.2M |
| 2024 | 0.17 | -£3.0M |
| 2023 | 0.35 | -£1.5M |
| 2022 | 0.53 | — |
Derived from filed accounts. Not audited figures.