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Iwealth Holdings Limited

10867926

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

2ND FLOOR MARSHALL HOUSE, SALE, M33 6HE
Incorporated 17/07/2017

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/07/2025

Due 30/07/2026

On track

Industry

64205
Activities of financial services holding companies

Officers

Mr David Francis Borg

director · Since 17/07/2017

CHARTERED ACCOUNTANT & COMPANY DIRECTOR

MALTESE · MALTA · Age 59

Mr Stewart John Davies

director · Since 27/06/2018

DIRECTOR

BRITISH · MALTA · Age 60

Also on 4 other boards

Mrs Heather Mccallion

secretary · Since 03/10/2018

Persons with Significant Control

Mr Mark John Gaywood

25–50% shares

British · England · Age 55

2nd Floor, Marshall House, Sale, M33 6HE

Notified 17/07/2017

Former PSCs

Arq Group Limited

Ceased 16/03/2020

CompanyRankvs 1570+ SIC 64205 peers
42

Financial strength51th percentile among SIC peers · 13/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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 strength13/25 pts

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

Employees15/15 pts

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

Liquidity0/20 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

of particular transactions, other events and conditions on the entity's financial position and financial performance; and make an assessment of the company's ability to continue as a going concern. In preparing the parent company financial statements, the directors are required to: select suitable accounting policies and then apply them consistently; make judgements and acc

Key FinancialsYear ending 31/12/2024

Net Worth

£860

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£8.7M

Working capital

Current Assets

Current Liabilities

£3.2M

Debtors

£1.4M

Cost of Sales

£163k

Admin Expenses

£7.4M

Profit After Tax

£1.6M

85avg. employees-1

Tax at Year End

Dividends paid-£1.0M

People Costs

Wages & salaries£3.5M

Balance Sheet

Interest payable£17k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20202.46

Derived from filed accounts. Not audited figures.