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Ifab (Newark) Ltd

12657323

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

ROSE COTTAGE, SLEAFORD, NG34 7AW
Incorporated 09/06/2020

Compliance

Last accounts

31/03/2023

micro entity

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 08/06/2025

Due 22/06/2026

On track

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mr Ian Keith Dolby

secretary · Since 09/06/2020

Mr Ian Roderick Leighton

director · Since 09/06/2020

STEEL FABRICATION

BRITISH · ENGLAND · Age 68

Also on 2 other boards

Persons with Significant Control

Mr Ian Roderick Leighton

Significant control

British · England · Age 68

Rose Cottage, 64 North Road, Sleaford, NG34 7AW

Notified 09/06/2020

Mr Roberto Leighton

25–50% shares
25–50% votes

British · United Kingdom · Age 32

Rose Cottage, 64 North Road, Sleaford, NG34 7AW

Notified 23/08/2022

CompanyRankvs 314+ SIC 24100 peers
47

Financial strength9th percentile among SIC peers · 2/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

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.

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

Key FinancialsYear ending 31/03/2023

Net Worth

£1

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1

Working capital

Current Assets

£3k

Current Liabilities

£3k

7avg. employees+4

Director Loans(2022)

Company owes directors£3k

Balance Sheet

Assets less current liabilities£1
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20231.00
20221.00

Derived from filed accounts. Not audited figures.