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238 Ltd

11426532

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 LONDON ROAD, IPSWICH, IP1 2HA
Incorporated 21/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46760
Wholesale of other intermediate products
46900
Non-specialised wholesale trade

Officers

Mrs Margaret Brooks

director · Since 21/06/2018

ADMIN MANAGER

BRITISH · UNITED KINGDOM · Age 70

Also on 2 other boards

Mr Michael Phillip Downing

director · Since 21/06/2018

RETIRED

BRITISH · UNITED KINGDOM · Age 78

Also on 3 other boards

Mr David Francis Eastgate

director · Since 21/06/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 2 other boards

Mrs Angela Reich

director · Since 21/06/2018

HOUSEWIFE

BRITISH · UNITED KINGDOM · Age 77

Also on 1 other board

Mr Paul Leslie Taylor

director · Since 21/06/2018

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 4 other boards

CompanyRankvs 2083+ SIC 46760 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 30/06/2025

Net Worth

-£324k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£324k

Working capital

Current Assets

£2k

Current Liabilities

£326k

Fixed Assets

£1

Debtors

£703

5avg. employees+4

Director Loans

Company owes directors£375k

Balance Sheet

Assets less current liabilities-£324k
Signed by Mr Paul Taylor 23rd March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£153k
20240.54-£17k
20230.56-£49k
20220.60-£14k
20210.15

Derived from filed accounts. Not audited figures.