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Ibake Limited

13106817

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

16 BLENHEIM CLOSE BLENHEIM CLOSE, BROADSTAIRS, CT10 2YF
Incorporated 31/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mr Christopher Frages

secretary · Since 31/12/2020

Also on 2 other boards

Mr Christopher Frages

director · Since 31/12/2020

COMPANY DIRECTOR

AUSTRALIAN · UNITED KINGDOM · Age 53

Also on 2 other boards

Persons with Significant Control

Mr Christopher Frages

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

Australian · United Kingdom · Age 53

20, Hillside, Hoddesdon, EN11 8RW

Notified 31/12/2020

CompanyRankvs 2117+ SIC 10890 peers
39

Financial strength57th percentile among SIC peers · 14/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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2117Ibake Limited
39
How is this score calculated?
Financial strength14/25 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.

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.

Longevity5/15 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 31/12/2024

Net Worth

£1k

Balance sheet strength

Cash

£225

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£19k

Current Liabilities

£69k

Debtors

£19k

0avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.28
20230.21

Derived from filed accounts. Not audited figures.