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Islands Contracting Ltd

14838005

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)
  • Negative net worth (-10)

Details

82A JAMES CARTER ROAD, MILDENHALL, IP28 7DE
Incorporated 01/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42910
Construction of water projects

Officers

Mr Joseph Streeter

director · Since 01/05/2023

PROJECT MANAGER

CYPRIOT · ENGLAND · Age 48

Persons with Significant Control

Mr Joseph Streeter

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

Cypriot · England · Age 48

82a, James Carter Road, Mildenhall, IP28 7DE

Notified 01/05/2023

CompanyRankvs 874+ SIC 42910 peers
32

Financial strength10th percentile among SIC peers · 3/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2024

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£3k

Current Liabilities

£10k

Fixed Assets

£6k

2avg. employees

Balance Sheet

Assets less current liabilities-£599
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.34

Derived from filed accounts. Not audited figures.