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Ionic Recovery Limited

11465174

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

2 CLAREMONT AVENUE, MILTON KEYNES, MK11 1HH
Incorporated 16/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology

Officers

Mr James Gear

secretary · Since 16/07/2018

Mr Philip Ian Metcalfe

director · Since 16/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 13 other boards

Persons with Significant Control

Mr Philip Ian Metcalfe

25–50% shares

British · England · Age 56

2, Claremont Avenue, Milton Keynes, MK11 1HH

Notified 01/07/2023

Mr Jason Patrick Hallett

25–50% shares

American · United Kingdom · Age 49

2, Claremont Avenue, Milton Keynes, MK11 1HH

Notified 01/07/2023

Mr Paul Stephen Fennell

25–50% shares

British · United Kingdom · Age 50

2, Claremont Avenue, Milton Keynes, MK11 1HH

Notified 01/07/2023

Former PSCs

Efficiency Technologies Ltd

Ceased 01/07/2023

CompanyRankvs 2612+ SIC 72110 peers
36

Financial strength53th percentile among SIC peers · 13/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
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 strength13/25 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.

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.

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 31/07/2023

Net Worth

£900

Balance sheet strength

Cash

£900

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—