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Isolutions Labs Limited

12810912

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SUNDERLAND SOFTWARE CENTRE, SUNDERLAND, SR1 1PB
Incorporated 13/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Igor Kotsiuba

director · Since 13/08/2020

DIRECTOR

UKRAINIAN · UNITED KINGDOM · Age 40

Prof Inna Skarha-Bandurova

director · Since 01/01/2021

POST DOCTORAL RESEARCHER

UKRAINIAN · ENGLAND · Age 52

Persons with Significant Control

Igor Kotsiuba

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

Ukrainian · United Kingdom · Age 40

Sunderland Software Centre, Tavistock Place, Sunderland, SR1 1PB

Notified 13/08/2020

CompanyRankvs 53507+ SIC 62090 peers
30

Financial strength4th percentile among SIC peers · 1/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 2/20
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 strength1/25 pts

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

Employees6/15 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.

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 31/08/2024

Net Worth

-£65k

Balance sheet strength

Cash

£192

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£192

Current Liabilities

£69k

Fixed Assets

£3k

1avg. employees-1

Director Loans

Company owes directors£69k

Balance Sheet

Assets less current liabilities-£65k
Signed by Mr Igor Kotsiuba 6 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£20k
20230.13

Derived from filed accounts. Not audited figures.