Back to search

Iwatt Limited

12330829

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

SUTHERLAND HOUSE, LEIGH ON SEA, SS9 2RZ
Incorporated 25/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities

Officers

Mr Ghassan Sayegh

director · Since 25/11/2019

DIRECTOR

LEBANESE · UNITED ARAB EMIRATES · Age 44

Also on 3 other boards

Persons with Significant Control

Icad Holding Ltd

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

15-17, Jockey's Fields, London

Reg: 11896039 · Companies House · Private Limited Company

Notified 25/11/2019

CompanyRankvs 7215+ SIC 71121 peers
22

Financial strength30th percentile among SIC peers · 8/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength8/25 pts

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

Employees2/15 pts

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

Liquidity0/20 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

31st December 2025 other creditors due within one year included a loan from a company within the same group. The loan totalled £3,571 (2024: £3,105) and is interest free and repayable on demand. 6. GOING CONCERN As at 31st December 2025 the company's current liabilities exceeded current assets, thereby indicating the existence of some uncertainty over the company's ability to continue as a going

Key FinancialsYear ending 31/12/2025

Net Worth

£100

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

Current Liabilities

£4k

0avg. employees

Balance Sheet

Assets less current liabilities-£4k
Prepared with IRIS Accounts Production