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Ionic Builds Ltd

13294432

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

C/O EVERETT KING 4 KINGS COURT, BRISTOL, BS1 4HW
Incorporated 26/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Alexis Birakos

director · Since 26/03/2021

BUILDER

BRITISH · UNITED KINGDOM · Age 30

Petros Georgiou Birakos

director · Since 26/03/2021

PROPERTY DEVELOPER

GREEK · UNITED KINGDOM · Age 70

Also on 1 other board

Persons with Significant Control

Mr Alexis Birakos

25–50% shares
25–50% votes

British · United Kingdom · Age 30

4 Kings Court, Little King Street, Bristol, BS1 4HW

Notified 26/03/2021

Petros Georgiou Birakos

25–50% shares
25–50% votes

Greek · United Kingdom · Age 70

4 Kings Court, Little King Street, Bristol, BS1 4HW

Notified 26/03/2021

CompanyRankvs 34105+ SIC 43999 peers
44

Financial strength37th percentile among SIC peers · 9/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/03/2025

Net Worth

£590

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£76k

Current Liabilities

£78k

Fixed Assets

£2k

2avg. employees
Signed by 13294432 2024-04-01 2025-03-31 13294432 2025-03-31 13294432 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97
20241.07-£17k
20231.21+£8k
20221.53

Derived from filed accounts. Not audited figures.