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Iab Accountants Limited

10922088

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)

Details

200 SELBOURNE ROAD, LUTON, LU4 8LT
Incorporated 18/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Israr Ahmed Butt

secretary · Since 18/08/2017

Also on 1 other board

Mr Israr Ahmed Butt

director · Since 06/06/2019

ACCOUNTANT

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Israr Ahmed Butt

75–100% shares
75–100% votes
Appoint directors

British · England · Age 58

200, Selbourne Road, Luton, LU4 8LT

Notified 06/06/2019

Former PSCs

Mr Abbas Mohammed

Ceased 06/06/2019

CompanyRankvs 11381+ SIC 69201 peers
66

Financial strength42th percentile among SIC peers · 11/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.19× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£1k

Balance sheet strength

Cash

£474

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£23k

Current Liabilities

£11k

Debtors

£23k

3avg. employees+1

Balance Sheet

Bank loans & overdrafts£11k
Assets less current liabilities£13k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20242.19-£331
20232.48
20222.07
20212.35
20209.55

Derived from filed accounts. Not audited figures.