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Iq Reading Ltd

11984007

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 3 BELLMAN COURT, READING, RG1 7HN
Incorporated 08/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Imran Ahmad Qureshi

director · Since 08/05/2019

BUSINESS

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Imran Ahmad Qureshi

75–100% shares

British · England · Age 43

Unit 3 Bellman Court, Great Knollys Street, Reading, RG1 7HN

Notified 08/05/2019

Charges0 outstanding

Charge
satisfied

ULTIMATE FINANCE LIMITED

Created 28/08/2019Registered 29/08/2019Satisfied 05/04/2023

CompanyRankvs 4345+ SIC 78109 peers
68

Financial strength68th percentile among SIC peers · 17/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.06× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

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.

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

Key FinancialsYear ending 30/05/2025

Net Worth

£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£22k

Current Liabilities

£7k

2avg. employees

Balance Sheet

Assets less current liabilities£15k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20253.06+£0
20253.06+£244
20242.86-£389
20233.03

Derived from filed accounts. Not audited figures.