Iabss Ltd
12559165
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 07/10/2025
Due 21/10/2026
Industry
Officers
director · Since 06/11/2023
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 10 other boards
Persons with Significant Control
Mr Azam Mahmood
British · England · Age 49
12559165 - Companies House Default Address, Cardiff, CF14 8LH
Notified 06/11/2023
Former PSCs
Mr Iqbal Amer Butt
Ceased 01/10/2022
Mr Waqas Mahmood Malik
Ceased 06/11/2023
CompanyRankvs 81407+ SIC 47910 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2024
Net Worth
-£30k
Balance sheet strength
Cash
£47k
Cash in the bank
Net Current Assets
-£31k
Working capital
Current Assets
£130k
Current Liabilities
£161k
Fixed Assets
£540
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.81 | -£44k | £1.7M |
| 2023 | 1.12 | +£4k | £1.2M |
| 2022 | 1.06 | +£52k | — |
| 2021 | 0.66 | — | — |
Derived from filed accounts. Not audited figures.