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Ignite International Brands (U.K.) Ltd

11975583

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

5 PEMBERTON ROW, LONDON, EC4A 3BA
Incorporated 02/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mr Michail Voulelis

director · Since 28/02/2022

VICE PRESIDENT

GREEK · ENGLAND · Age 55

Gurjinder Dhadwar

director · Since 19/05/2025

ACCOUNTANT, CEO

CANADIAN · CANADA · Age 46

Persons with Significant Control

Former PSCs

Dan Brandon Bilzerian

Ceased 31/12/2022

CompanyRankvs 3591+ SIC 10890 peers
17

Financial strength0th percentile among SIC peers · 0/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3591Ignite International Brands (U.K.) Ltd
27
How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

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

Going Concern Doubt

the impact of particular transactions, other events and conditions on the entity's financial position and financial performance; and make an assessment of the company's ability to continue as a going concern. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the

Key FinancialsYear ending 31/12/2020

Turnover

£250k

Annual revenue

Net Worth

-£3.2M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3.2M

Working capital

Current Assets

£653k

Current Liabilities

£3.9M

Debtors

£42k

Cost of Sales

£556k

Gross Profit

-£306k

Admin Expenses

£663k

Operating Profit

-£970k

Profit After Tax

-£970k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20200.17

Derived from filed accounts. Not audited figures.