Ips National Ltd
10524603
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/12/2016
DIRECTOR
BRITISH · ISLE OF MAN · Age 54
Also on 63 other boards
director · Since 12/05/2018
ADMINISTRATOR
BRITISH · ISLE OF MAN · Age 59
Also on 14 other boards
Persons with Significant Control
Michael John Hall
British · Isle Of Man · Age 54
Suite 114, 25 Goodlass Road, Liverpool, L24 9HJ
Notified 14/12/2016
Former PSCs
Mr Christopher David Champion
Ceased 30/09/2024
CompanyRankvs 17727+ SIC 78109 peers37
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£2k
Balance sheet strength
Cash
£72k
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£187k
Current Liabilities
£188k
Debtors
£115k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.99 | -£12k |
| 2023 | 1.06 | -£94k |
| 2021 | 1.21 | -£85k |
| 2020 | 1.72 | +£174k |
| 2019 | 1.07 | -£15k |
| 2018 | 1.10 | — |
Derived from filed accounts. Not audited figures.