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I C Groundworks (Sw) Limited

11765621

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)
  • Current liabilities exceed current assets (-10)

Details

10A MILLBANK MEADOWS, HAYLE, TR27 6DP
Incorporated 14/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43120
Site preparation

Officers

Mr Ian Collick

director · Since 14/01/2019

GROUNDWORKS CONTRACTOR

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Ian Collick

75–100% shares
75–100% votes

British · United Kingdom · Age 41

10a, Millbank Meadows, Hayle, TR27 6DP

Notified 14/01/2019

CompanyRankvs 570+ SIC 43120 peers
74

Financial strength87th percentile among SIC peers · 22/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.41× · 20/20
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 strength22/25 pts

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

Employees9/15 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.

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 31/01/2025

Net Worth

£290k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£78k

Working capital

Current Assets

£109k

Current Liabilities

£32k

Fixed Assets

£242k

2avg. employees+1

Tax at Year End(2023)

Corp tax£15k
VAT£2k

Director Loans(2023)

Company owes directors£10k

Balance Sheet

Assets less current liabilities£320k
Signed by Mr Ian Collick 1 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.41+£54k
20242.37+£26k
20231.59£40k

Derived from filed accounts. Not audited figures.