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Iona Logistics Ltd

13689603

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 1, HALL FARM CONINGTON, CAMBRIDGE, CAMBRIDGE, CB23 4LR
Incorporated 19/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30300
Manufacture of air and spacecraft and related machinery
51210
Freight air transport
52290
Other transportation support activities
77352
77352

Officers

Oakwood Corporate Secretary Limited

corporate secretary · Since 11/12/2024

Etienne Louvet

director · Since 19/10/2021

French

Former

Saif Deen Akanni

director · Resigned 16/05/2023

Paulo Geraldes

director · Resigned 21/07/2022

CompanyRankvs 350+ SIC 30300 peers
75

Financial strength89th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 8.84× · 20/20
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 strength22/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£406k

Balance sheet strength

Cash

£443k

Cash in the bank

Net Current Assets

£404k

Working capital

Current Assets

£456k

Current Liabilities

£52k

Fixed Assets

£2k

Debtors

£13k

8avg. employees

Director Loans

Company owes directors£3k

Balance Sheet

Assets less current liabilities£407k
Signed by Mr Etienne Louvet 27/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20248.84

Derived from filed accounts. Not audited figures.