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Iep Financial (Hove) Ltd

12460493

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)
  • Going concern doubt noted in accounts (-10)

Details

AMELIA HOUSE, WORTHING, BN11 1RL
Incorporated 13/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Ian Poysden

director · Since 13/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Mr Patrick John Simon Spencer

director · Since 13/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr David Williamson

director · Since 13/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Spatham Farm Consultancy Ltd

75–100% shares
75–100% votes

Amelia House, Crescent Road, Worthing, BN11 1RL

Reg: 14745943 · Companies House · Private Company Limited By Shares

Notified 25/10/2024

Former PSCs

Mr David Williamson

Ceased 25/10/2024

Mr Patrick John Simon Spencer

Ceased 25/10/2024

Sara Michelle Poysden

Ceased 25/10/2024

Mr Ian Poysden

Ceased 25/10/2024

CompanyRankvs 6616+ SIC 64209 peers
57

Financial strength90th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 162.3× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 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.

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.

Longevity6/15 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

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. true 1.3 Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits

Key FinancialsYear ending 31/12/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£265

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£1.9M

Current Liabilities

£12k

Debtors

£1.9M

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024162.30-£2.4M
2023670.05+£366k
20221503.96-£1.1M
20213.22-£88k
202023.58

Derived from filed accounts. Not audited figures.