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Ipco Uk Process Systems Limited

10852217

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

UNITS 3 & 4, BLOCK B, PROGRESS POINT SECOND AVENUE, KINGSWINFORD, DY6 7FT
Incorporated 05/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mr Johan Per-Ake Sjorgren

director · Since 28/01/2022

DIRECTOR

SWEDISH · GERMANY · Age 56

Ms. Linda Ahlqvist

director · Since 19/05/2025

DIRECTOR

SWEDISH · SWEDEN · Age 53

Mr. Darren Payne

director · Since 19/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 56

CompanyRankvs 100+ SIC 24100 peers
67

Financial strength92th percentile among SIC peers · 23/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.61× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 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.

Longevity9/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£994k

Annual revenue

Net Worth

£1.9M

Balance sheet strength

Cash

£349k

Cash in the bank

Profit Before Tax

£230k

Bottom line earnings

Net Current Assets

£400k

Working capital

Current Assets

£648k

Current Liabilities

£248k

Fixed Assets

£1.5M

Debtors

£297k

Cost of Sales

£402k

Gross Profit

£592k

Admin Expenses

£361k

Operating Profit

£231k

Profit After Tax

£182k

4avg. employees+1

Tax at Year End

Corp tax£67k

People Costs

NI contributions£23k

Balance Sheet

Total assets£165k
Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.61+£182k
20231.87—

Derived from filed accounts. Not audited figures.