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Ion Industries Ltd

10323679

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2 ESH PLAZA, NEWCASTLE UPON TYNE, NE13 9BA
Incorporated 10/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Robert David Mathieson

director · Since 10/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Robert David Mathieson

Significant control

British · England · Age 45

49 Dunnock Place, Wideopen, Newcastle Upon Tyne, NE13 6LE

Notified 10/08/2016

CompanyRankvs 64015+ SIC 62020 peers
47

Financial strength0th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.41× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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64015Ion Industries Ltd
47
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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 30/06/2025

Net Worth

-£666k

Balance sheet strength

Cash

£304k

Cash in the bank

Profit Before Tax

£263k

Bottom line earnings

Net Current Assets

£9.0M

Working capital

Current Assets

£15.3M

Current Liabilities

£6.4M

Fixed Assets

£356k

Debtors

£8.7M

Admin Expenses

£2.1M

Profit After Tax

£264k

0avg. employees-23

Balance Sheet

Intangible assets£337k
Assets less current liabilities£9.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.41-£278k
20230.77—

Derived from filed accounts. Not audited figures.