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Izac Ltd

12311313

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

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

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 11/11/2025

Due 25/11/2026

On track

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 12188+ SIC 43320 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.09× · 2/20
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 strength0/25 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.

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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£80k

Balance sheet strength

Cash

£663

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£8k

Current Liabilities

£91k

Fixed Assets

£2k

Debtors

£8k

4avg. employees

Balance Sheet

Assets less current liabilities-£80k
Signed by 12311313 2024-11-01 2025-10-31 12311313 2025-10-31 12311313 bus:OrdinaryShareClass1 2025-10-31 12311313 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09-£127k
20241.44-£10k
20231.54

Derived from filed accounts. Not audited figures.