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Iusco Tiling Ltd

11719809

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)
  • Negative net worth (-10)

Details

563 A NEW NORTH ROAD, ILFORD, IG6 3TF
Incorporated 10/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

23310
Manufacture of ceramic tiles and flags
41202
Construction of domestic buildings
43330
Floor and wall covering
43999
Specialised construction activities

Officers

Mr Vasile Iusco

director · Since 10/12/2018

TILER

ROMANIAN · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Vasile Iusco

75–100% shares

Romanian · United Kingdom · Age 44

563a, New North Road, Ilford, IG6 3TF

Notified 10/12/2018

CompanyRankvs 49+ SIC 23310 peers
32

Financial strength5th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.71× · 6/20
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 strength1/25 pts

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

Employees2/15 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.

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 30/11/2024

Net Worth

-£30k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£10k

Current Liabilities

£14k

Fixed Assets

£1

0avg. employees

Tax at Year End(2023)

Corp tax£2k

Balance Sheet

Assets less current liabilities-£4k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71+£16
20232.26-£26k
202222.03-£29k
202117.77-£19k
20204.37+£32k
20194.39

Derived from filed accounts. Not audited figures.