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Idol State Limited

14295217

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

18 VICTORIA GARDENS, LEEDS, LS6 1FH
Incorporated 15/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Bruce Lerman

director · Since 15/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 3 other boards

Mr Joseph James Longbottom

director · Since 28/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Mr Bruce Lerman

25–50% shares
25–50% votes

British · United Kingdom · Age 39

18, Victoria Gardens, Leeds, LS6 1FH

Notified 15/08/2022

Mr Joseph Longbottom

25–50% shares
25–50% votes

British · England · Age 40

18, Victoria Gardens, Leeds, LS6 1FH

Notified 02/01/2024

Former PSCs

Mr Sam Hartley

Ceased 28/11/2022

CompanyRankvs 112499+ SIC 70229 peers
47

Financial strength6th percentile among SIC peers · 2/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 4.55× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 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.

Longevity4/15 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

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£27k

Current Liabilities

£6k

1avg. employees-1

Balance Sheet

Assets less current liabilities£21k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.55-£17k
20231.54

Derived from filed accounts. Not audited figures.