Ignite (Acorns) Limited
15768270
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
group
Next accounts due
31/12/2026
Confirmation statement
Last: 08/11/2025
Due 22/11/2026
Industry
Officers
director · Since 07/06/2024
DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 17 other boards
director · Since 19/06/2024
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 6 other boards
Persons with Significant Control
Kvika Securities Ltd
103, Nations House, London, W1U 1QS
Reg: 06801718 · Uk Register Of Companies · Private Company Limited By Shares
Notified 29/10/2024
Encore Capital Xxvi Limited
First Floor, 1 Chancery Lane, London, WC2A 1LF
Reg: 16032648 · Uk Register Of Companies · Private Company Limited By Shares
Notified 29/10/2024
Former PSCs
Mr Forbes Kerr Stuart
Ceased 29/10/2024
CompanyRankvs 2830+ SIC 64209 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect
Key FinancialsYear ending 31/03/2025
Turnover
£3.3M
Annual revenue
Net Worth
£7.2M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£174k
Bottom line earnings
Net Current Assets
£919k
Working capital
Current Assets
£1.4M
Current Liabilities
£492k
Fixed Assets
£14.1M
Debtors
£890k
Cost of Sales
£2.0M
Gross Profit
£1.3M
Admin Expenses
£1.2M
Operating Profit
£170k
Profit After Tax
-£258k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 2.87 |
Derived from filed accounts. Not audited figures.