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Ipsl Repack Ltd

11001377

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

SANDERLINGS BECKETTS FARM ALCESTER ROAD, BIRMINGHAM, B47 6AJ
Incorporated 06/10/2017

Compliance

Last accounts

28/02/2022

unaudited abridged

Next accounts due

30/11/2023

Overdue

Confirmation statement

Last: 05/10/2022

Due 19/10/2023

Overdue

Industry

19209
Other treatment of petroleum products (excluding petrochemicals manufacture)

Officers

Mr Sidney John Nicholls

director · Since 22/11/2019

MANAGEMENT CONSULTANT

ENGLISH · UNITED KINGDOM · Age 65

Also on 21 other boards

Persons with Significant Control

Mr Sidney John Nicholls

75–100% shares

English · United Kingdom · Age 65

Sanderlings Becketts Farm, Alcester Road, Birmingham, B47 6AJ

Notified 22/11/2019

Charges1 outstanding

A registered charge
outstanding

Arden Commercial Finance Limited

1. any estate, right or interest in or over land owned by the company, whether legal or equitable, and wherever the land is situated, including without limitation any buildings and fixtures on land, and the benefit of any covenants or rights owed to any person or enforceable by him by virtue of the ownership, possession or occupation of land. 2. all the right title and interest of the company (now or in the future) in or to any of the following: 2.1 any registered intellectual property right in any territory, including without limitation patents, trade marks, service marks, registered designs, and any similar right in any territory and any applications or right to apply for any of the above; 2.2 any invention, copyright, design right or performance right; and 2.3 any trade secrets, know-how and confidential information; and 2.4 the benefit of any agreement or licence for the use (by the company and any other person) of any such right.

Created 30/07/2018Registered 31/07/2018

Insolvency History1 case

creditors voluntary liquidation17/02/2023

Andrew Fender (practitioner) · Sandra Fender (practitioner)

CompanyRankvs 15+ SIC 19209 peers
10

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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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.

Employees0/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 28/02/2022

Net Worth

-£181k

Balance sheet strength

Cash

£16

Cash in the bank

Net Current Assets

-£266k

Working capital

Current Assets

£342k

Current Liabilities

£608k

Fixed Assets

£84k

Debtors

£342k

0avg. employees-9

Balance Sheet

Assets less current liabilities-£181k
Signed by 2021-03-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20220.56-£351k
20211.12

Derived from filed accounts. Not audited figures.