Back to search

Iow Lettings Ltd

12855043

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 7A WATERSIDE BUSINESS PARK, CHESHAM, HP5 1PE
Incorporated 03/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Paul Mendolia

director · Since 03/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Paul Mendolia

75–100% shares
Appoint directors

British · England · Age 55

Unit 7a Waterside Business Park, Waterside, Chesham, HP5 1PE

Notified 03/09/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 05/03/2021Registered 09/03/2021

CompanyRankvs 301029+ SIC 68209 peers
15

Financial strength6th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Grange Park Investments Limited
90
3Sherborne Cottage Building Company,Limited(The)
90
4Gaunts Limited
90
5S.E.Redfern Limited
90
6John Horsfall & Sons(Greetland),Limited
90
7British And Foreign Wharf Company Limited(The)
90
8Webb & Son (Combs)Limited
90
9Rookfield Garden Village Limited
90
10Brightholme Property Company Limited(The)
90
301029Iow Lettings Ltd
25
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.

Employees0/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£47k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£702k

Working capital

Current Assets

£11k

Current Liabilities

£713k

Fixed Assets

£655k

Debtors

£100

Director Loans

Company owes directors£707k

Balance Sheet

Assets less current liabilities-£47k
Signed by Mr PAUL MENDOLIA 25 November 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£11k
20230.01—

Derived from filed accounts. Not audited figures.