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Izac Ltd

12311313

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

PALMERS YARD, NEWBURY, RG14 2BA
Incorporated 12/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr David Ernest Cole

director · Since 12/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 1 other board

Persons with Significant Control

Mr David Ernest Cole

25–50% shares
25–50% votes
Appoint directors

British · England · Age 75

Palmers Yard, London Road, Newbury, RG14 2BA

Notified 12/11/2019

CompanyRankvs 3518+ SIC 43320 peers
67

Financial strength81th percentile among SIC peers · 20/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.44× · 12/20
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 strength20/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£47k

Balance sheet strength

Cash

£60k

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£125k

Current Liabilities

£87k

Fixed Assets

£11k

Debtors

£20k

4avg. employees

Balance Sheet

Assets less current liabilities£49k
Signed by 12311313 2023-11-01 2024-10-31 12311313 2024-10-31 12311313 bus:OrdinaryShareClass1 2024-10-31 12311313 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.44-£10k
20231.54+£27k
20221.17-£795
20211.15

Derived from filed accounts. Not audited figures.