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Iktin Solutions Limited

14770752

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

CARNYORTH INDUSTRIAL SITE, PENZANCE, TR19 7QD
Incorporated 30/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42220
Construction of utility projects for electricity and telecommunications

Officers

Mr Luke Declan Mcfadden

director · Since 30/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Also on 3 other boards

Mrs Nicola Lamorna Mcfadden

director · Since 30/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Persons with Significant Control

Lamorna Group Limited

75–100% shares

Carnyorth Industrial Site, St Just, Penzance, TR19 7QD

Reg: 14753412 · Companies House Uk · Limited Company

Notified 30/03/2023

Former PSCs

Mrs Nicola Lamorna Mcfadden

Ceased 30/03/2023

Mr Thomas Neil Mcfadden

Ceased 30/03/2023

Charges2 outstanding

Charge
outstanding

ECAPITAL COMMERCIAL FINANCE LIMITED

Created 08/07/2025Registered 18/07/2025
Charge
outstanding

HSBC UK BANK PLC

Created 16/08/2023Registered 17/08/2023

CompanyRankvs 1174+ SIC 42220 peers
43

Financial strength87th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 31/03/2024

Net Worth

£186k

Balance sheet strength

Cash

£71k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£853k

Debtors

£967k

4avg. employees
Prepared with Silverfin