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Ivolve Wales Head Office Ltd

11844939

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

CHESTNUT HOUSE TAWE BUSINESS VILLAGE, SWANSEA, SA7 9LA
Incorporated 25/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

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 Fieldbay Bidco Ltd

75–100% shares
75–100% votes
Appoint directors

Royal Court, Basil Close, Chesterfield, S41 7SL

Reg: 11835415 · Companies House (England And Wales) · Private Limited Company

Notified 15/03/2019

Former PSCs

Rylo Limited

Ceased 15/03/2019

Charges2 outstanding

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 21/03/2019Satisfied 23/04/2020

CompanyRankvs 7106+ SIC 70100 peers
50

Financial strength72th percentile among SIC peers · 18/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7106Ivolve Wales Head Office Ltd
56
How is this score calculated?
Financial strength18/25 pts

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

Employees14/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2020

Net Worth

£358k

Balance sheet strength

Cash

£434k

Cash in the bank

Net Current Assets

-£266k

Working capital

Current Assets

£3.1M

Current Liabilities

£3.3M

Fixed Assets

£650k

Debtors

£2.6M

32avg. employees

Balance Sheet

Assets less current liabilities£384k
Prepared with Digita Accounts Production Advanced 6.24.8820.0

EstimatesDerived

YearCurrent Ratio
20200.92

Derived from filed accounts. Not audited figures.