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Ivolve Fieldbay Bidco Ltd

11835415

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

ROYAL COURT, CHESTERFIELD, S41 7SL
Incorporated 19/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Timothy Michael Davies

director · Since 17/08/2021

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 52

Also on 53 other boards

Mr Neil David Robinson

director · Since 15/05/2023

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 44

Also on 56 other boards

Persons with Significant Control

Ivolve Care Holdings Limited

50–75% votes

Royal Court, Basil Close, Chesterfield, S41 7SL

Reg: 11669988 · England · Private Limited Company

Notified 19/02/2019

Charges2 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 27/03/2020Registered 15/04/2020Satisfied 06/07/2023
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 01/04/2020Registered 06/04/2020
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 01/04/2020Registered 06/04/2020
Charge
satisfied

TC LOANS II LIMITED

Created 15/03/2019Registered 19/03/2019Satisfied 23/04/2020

CompanyRankvs 6548+ SIC 64209 peers
47

Financial strength99th percentile among SIC peers · 25/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 5.53× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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.

Longevity7/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect

Key FinancialsYear ending 31/03/2025

Turnover

£42.8M

Annual revenue

Net Worth

£19.1M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£6.8M

Bottom line earnings

Net Current Assets

£30.3M

Working capital

Current Assets

£36.9M

Current Liabilities

£6.7M

Fixed Assets

£4.5M

Debtors

£28.8M

Cost of Sales

£21.5M

Gross Profit

£21.4M

Admin Expenses

£13.4M

Operating Profit

£8.0M

Profit After Tax

£6.1M

Tax at Year End

Corp tax£462k

People Costs

Wages & salaries£20.9M
NI contributions£1.8M

Balance Sheet

Intangible assets£1.8M
Bank loans & overdrafts£760k
Assets less current liabilities£34.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20255.53+£22.6M
20233.65-£2.4M
20201.95

Derived from filed accounts. Not audited figures.