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Iiceo Limited

14872790

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

291B MELTON ROAD, LEICESTER, LE4 7AN
Incorporated 16/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Vinay Surendra Pala

director · Since 16/05/2023

MANAGING DIRECTOR

BRITISH · SCOTLAND · Age 45

Also on 3 other boards

Mr Viral Surendra Pala

director · Since 16/05/2023

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 10 other boards

Persons with Significant Control

Mr Vinay Surendra Pala

25–50% shares
25–50% votes
Appoint directors

British · Scotland · Age 45

291b, Melton Road, Leicester, LE4 7AN

Notified 16/05/2023

Mr Viral Surendra Pala

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

291b, Melton Road, Leicester, LE4 7AN

Notified 16/05/2023

Charges3 outstanding

Charge
outstanding

ECAPITAL COMMERCIAL FINANCE LIMITED

Created 16/12/2025Registered 16/12/2025
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 22/08/2025Registered 04/09/2025
Charge
outstanding

FFE SPV 2 LIMITED (CO. NO. 14833449)

Created 03/09/2025Registered 03/09/2025
Charge
satisfied

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 05/03/2025Registered 06/03/2025Satisfied 08/12/2025
Charge
satisfied

FINBIZ FUNDING LIMITED

Created 28/01/2025Registered 31/01/2025Satisfied 31/07/2025

CompanyRankvs 3210+ SIC 45112 peers
63

Financial strength83th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 13.35× · 20/20
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 strength21/25 pts

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

Employees14/15 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.

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 31/05/2025

Net Worth

£80k

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

£454k

Working capital

Current Assets

£491k

Current Liabilities

£37k

Debtors

£338k

10avg. employees+10

Balance Sheet

Assets less current liabilities£454k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
202513.35

Derived from filed accounts. Not audited figures.