Company Overview
Ignite Academy & Training Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 12 February 2016, so this is a well established company. Ignite Academy & Training Limited has been in business for 10 years and 1 month. The accounts status is micro entity and the accounts are next due on Sunday 30 April 2023.
Registered Address

34 34 Rigdale Close, Plymouth, Devon, PL6 5PR
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Companies House Data
Company NameIGNITE ACADEMY & TRAINING LIMITED
Company Number10002233
Registered Office Address34 34 Rigdale Close
 PL6 5PR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/02/2016
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2023
Accounts Last Made Up Date31/07/2021
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date19/05/2017
Returns Last Made Up Date21/04/2016
Previous Company NameChanged Date
CAPES EDUCATION & ACADEMY T/A IGNITE ACADEMY & TRAINING LIMITED30 Apr 2019
CAPES EDUCATION & ACADEMY LIMITED23 Apr 2018
Directors & Members
Show Resigned
Ryan Buckle - Director
(English, 39 years old, born July 1987)
Appointed 12 February 2016
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Jul-2021 31-Jul-2020 31-Jul-2019
Balance Sheet
Fixed Assets -49,367 16,757 23,559
Current Assets 49,328 57,512 98,528
Creditors Due Within One Year -7,939 22,545 73,012
Working Cap 57,267 34,967 25,516
Total Assets Less Current Liabilities 7,900 51,724 49,075
Long-term Liabilities 142,866 41,056 40,125
Net Assets 134,888 10,668 8,950
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 134,888 10,668 8,950
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2021 31-Jul-2020 31-Jul-2019
Tangible Fixed Assets - - -
Fixed Assets 126582.1% 22.6% 19.3%
Stocks Inventory - - -
Debtors - - 11.0%
Cash Bank In Hand - - 71.0%
Current Assets -126482.1% 77.4% 80.7%
Creditors Due Within One Year 20356.4% 30.4% 59.8%
Net Current Assets Liabilities -146838.5% 47.1% 20.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -345866.7% 14.4% 7.3%
Capital Employed - - -
Total Assets Less Current Liabilities -20256.4% 69.6% 40.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2021 31-Jul-2020 31-Jul-2019
Liquidity Ratio -6.2 2.6 1.3
Solvency Ratio 0.0 1.2 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2021 31-Jul-2020 31-Jul-2019
Assets -39 74,269 122,087
Debt 134,927 63,601 113,137
Net Assets/Debt 134,888 10,668 8,950
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been suspended
Confirmation statement made on 6 July 2022 with updates
Cessation of Michael Jon Palmer as a person with significant control on 30 June 2022
Confirmation statement made on 31 May 2022 with no updates
Registered office address changed from 1 Langdon Court Plymstock Plymouth PL9 8UH England to 34 34 Rigdale Close Plymouth Devon PL6 5PR on 11 June 2021
Confirmation statement made on 31 May 2021 with updates
Termination of appointment of Leeanne Roach as a director on 27 May 2021
Registered office address changed from 2 Buckland House 12 William Prance Road Plymouth PL8 5WR United Kingdom to 1 Langdon Court Plymstock Plymouth PL9 8UH on 27 May 2021
Termination of appointment of Michael Jon Palmer as a director on 8 April 2021
Registered office address changed from Plumer House Tailyour Road Plymouth PL6 5DH England to 2 Buckland House 12 William Prance Road Plymouth PL8 5WR on 11 February 2021
Appointment of Mr Michael Jon Palmer as a director on 9 October 2020
Notification of Michael Palmer as a person with significant control on 15 June 2020
Change of details for Mr Ryan Christopher Buckle as a person with significant control on 15 June 2020
Cessation of Alice Amanda Thatcher as a person with significant control on 15 June 2020
Appointment of Ms Leeanne Roach as a director on 15 June 2020
Termination of appointment of Alice Amanda Thatcher as a director on 15 June 2020
Satisfaction of charge 100022330001 in full
Confirmation statement made on 21 April 2020 with no updates
Change of details for Mr Ryan Christopher Buckle as a person with significant control on 1 October 2019
Director's details changed for Mr Ryan Christopher Buckle on 28 September 2019

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