Company Overview
Ibex Steel Ltd is a Dissolved Private Limited Company.
Registered Address

Bridge House, London Bridge, London, SE1 9QR
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Companies House Data
Company NameIBEX STEEL LTD
Company Number06654846
Registered Office AddressBridge House
 London Bridge
 SE1 9QR
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date23/07/2008
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2014
Accounts Last Made Up Date31/12/2012
Accounts Account CategoryTOTAL EXEMPTION SMALL
Returns Next Due Date20/08/2014
Returns Last Made Up Date23/07/2013
Directors & Members
Show Resigned
Paul Hughes - Director
(British, 59 years old, born July 1967)
Appointed 31 July 2008
Active
Kevin Quinn - Director
(British, 73 years old, born June 1953)
Appointed 31 July 2008
Active
Secretaries
Richard Eldridge - Secretary
(British)
Appointed 31 July 2008
Active
Balance Sheet Unlock full report
Accounts Date 31-Dec-2012 31-Dec-2011 31-Dec-2010
Balance Sheet
Fixed Assets 48,491 53,213 20,941
Current Assets 652,438 619,587 179,694
Creditors Due Within One Year 621,456 612,126 168,109
Working Cap 30,982 7,461 11,585
Total Assets Less Current Liabilities 79,473 60,674 32,526
Long-term Liabilities 11,264 3,250 3,030
Net Assets 68,209 57,424 29,496
Share Capital & Reserves
Share Cap 150 150 150
Profit & Loss Reserves 68,059 57,274 29,346
Other Reserves 0 0 0
Shareholders Funds 68,209 57,424 29,496
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2012 31-Dec-2011 31-Dec-2010
Tangible Fixed Assets - - -
Fixed Assets 6.9% 7.9% 10.4%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 90.1% 91.5% 87.2%
Cash Bank In Hand 3.0% 0.6% 2.4%
Current Assets 93.1% 92.1% 89.6%
Creditors Due Within One Year 88.7% 91.0% 83.8%
Net Current Assets Liabilities 4.4% 1.1% 5.8%
Creditors Due After One Year 1.3% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 9.7% 8.5% 14.7%
Called Up Share Capital 0.0% 0.0% 0.1%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.1%
Profit Loss Account Reserve 9.7% 8.5% 14.6%
Shareholder Funds 9.7% 8.5% 14.7%
Capital Employed - - -
Total Assets Less Current Liabilities 11.3% 9.0% 16.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2012 31-Dec-2011 31-Dec-2010
Liquidity Ratio 1.0 1.0 1.1
Solvency Ratio 1.1 1.1 1.2
Reserves to Assets 0.1 0.1 0.1
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2012 31-Dec-2011 31-Dec-2010
Assets 700,929 672,800 200,635
Debt 632,720 615,376 171,139
Net Assets/Debt 68,209 57,424 29,496
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 17 September 2017
Liquidators' statement of receipts and payments to 17 September 2016
Liquidators' statement of receipts and payments to 17 September 2015
Notice to Registrar of Companies of Notice of disclaimer
Registered office address changed from Dunton Lodge Farm Northfield Road Ashwell Baldock Hertfordshire SG7 5JG England to Bridge House London Bridge London SE1 9QR on 1 October 2014
Statement of affairs with form 4.19
Appointment of a voluntary liquidator
Resolutions
Termination of appointment of Ian Nicholas Saunders as a director on 18 July 2014
Termination of appointment of Richard Paul Burgess Eldridge as a director on 18 July 2014
Registration of charge 066548460001, created on 18 July 2014 without deed
Termination of appointment of Christopher Furniss Benham as a director on 18 July 2014
Registered office address changed from 4 Hunting Gate Hitchin Herts SG4 0TJ Uk to Dunton Lodge Farm Northfield Road Ashwell Baldock Hertfordshire SG7 5JG on 18 July 2014
Annual return made up to 23 July 2013 with full list of shareholders
Director's details changed for Mr Ian Nicholas Saunders on 10 September 2013
Director's details changed for Mr Kevin Joseph Quinn on 10 September 2013
Director's details changed for Mr Christopher Furniss Benham on 10 September 2013
Annual return made up to 23 July 2012 with full list of shareholders
Annual return made up to 23 July 2011 with full list of shareholders

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