INSULATION & BUOYANCY SERVICES LIMITED Credit Check Report

Company Overview

Insulation & Buoyancy Services Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 18 January 2008, so this is a well established company. Insulation & Buoyancy Services Limited has been in business for 18 years and 2 months. The accounts status is dormant and the accounts are next due on Wednesday 30 September 2026.

Registered Address

Unit 14D, Double Row Delaval Trading Estate, Seaton Delaval, Whitley Bay, NE25 0QT

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Companies House Data

Company Name	INSULATION & BUOYANCY SERVICES LIMITED
Company Number	06477209
Registered Office Address	Unit 14d, Double Row Delaval Trading Estate
	Seaton Delaval
	NE25 0QT
Company Category	Private Limited Company
Company Status	Active
Country of Origin	United Kingdom
Incorporation Date	18/01/2008
Accounting Reference Date Day	31
Accounting Reference Date Month	12
Accounts Next Due Date	30/09/2026
Accounts Last Made Up Date	31/12/2024
Accounts Account Category	DORMANT
Returns Next Due Date	15/02/2017
Returns Last Made Up Date	18/01/2016

Previous Company Name	Changed Date
IBSL GROUP LIMITED	28 Apr 2011

Directors & Members

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	Remco Boerefijn - Director (Dutch, 53 years old, born June 1973) Appointed 01 March 2024	Active
	Robert Colver - Director (British, 53 years old, born June 1973) Appointed 13 March 2014, Resigned 13 October 2017	Resigned
	Luc De Busscher - Director (Belgian, 63 years old, born October 1963) Appointed 01 March 2024	Active
	John Hepworth - Director (British, 62 years old, born July 1964) Appointed 13 March 2014, Resigned 19 April 2017	Resigned
	John Hudspith - Director (British, 51 years old, born March 1975) Appointed 01 October 2009, Resigned 13 March 2014	Resigned
	Ian Jackson - Director (British, 47 years old, born May 1979) Appointed 13 October 2017, Resigned 07 March 2018	Resigned
	Richard Monro - Director (British, 68 years old, born April 1958) Appointed 13 March 2014, Resigned 07 March 2018	Resigned
	Gordon Renney - Director (British, 81 years old, born October 1945) Appointed 22 January 2008, Resigned 13 March 2014	Resigned
	Steven Renney - Director (British, 49 years old, born May 1977) Appointed 22 January 2008, Resigned 13 March 2014	Resigned
	Steven Renney - Director (British, 49 years old, born May 1977) Appointed 07 March 2018	Active
	Rwl Directors Limited - Director Appointed 18 January 2008, Resigned 18 January 2008	Resigned
	Rwl Registrars Limited - Secretary Appointed 18 January 2008, Resigned 18 January 2008	Resigned

Secretaries

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	Richard Monro - Secretary Appointed 13 March 2014, Resigned 07 March 2018	Resigned
	Linda Renney - Secretary (British) Appointed 22 January 2008, Resigned 13 March 2014	Resigned
	Rwl Registrars Limited - Secretary Appointed 18 January 2008, Resigned 18 January 2008	Resigned

Other Company Directorships

Remco Boerefijn
No companies found

Luc De Busscher
No companies found

Steven Renney
ADAM HOLDINGS (LEEDS) LIMITED
BEHLING INSULATION SUPPLIES LTD
DAM HOLDCO LIMITED
INDUSTRIAL PROCUREMENT SOLUTIONS LIMITED
INSULATION ENERGY SOLUTIONS LIMITED
IPCOM UNITED KINGDOM LIMITED
ISOPARTNER UK FABRICATION LTD
ISOPARTNER UK LIMITED
J.S. MILLER DISTRIBUTION LIMITED
K&G DISTRIBUTION LTD
KBO GROUP LIMITED
MW INSULATION HOLDINGS LTD
MWI HOLDINGS LTD
NULLA GROUP LIMITED
SPECIALIST INSULATION SUPPLIES LIMITED
TINMAN SUPPLIES LTD

Balance Sheet

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Accounts Date	31-Dec-2024	31-Dec-2022	31-Dec-2021
Balance Sheet
Fixed Assets	-	-	-
Current Assets	-	-	-
Creditors Due Within One Year	-	-	-
Working Cap	-	-	-
Total Assets Less Current Liabilities	-	-	-
Long-term Liabilities	-	-	-
Net Assets	100	100	100
Share Capital & Reserves
Share Cap	-	-	-
Profit & Loss Reserves	-	-	-
Other Reserves	-	-	-
Shareholders Funds	100	100	100

Common Size Financial Analysis

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Accounts Date	31-Dec-2024	31-Dec-2022	31-Dec-2021
Tangible Fixed Assets	-	-	-
Fixed Assets	-	-	-
Stocks Inventory	-	-	-
Debtors	-	-	-
Cash Bank In Hand	-	-	-
Current Assets	-	-	-
Creditors Due Within One Year	-	-	-
Net Current Assets Liabilities	-	-	-
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	-	-	-
Capital Employed	-	-	-
Total Assets Less Current Liabilities	-	-	-

Financial Ratio Analysis

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Accounts Date	31-Dec-2024	31-Dec-2022	31-Dec-2021
Liquidity Ratio	0.0	0.0	0.0
Solvency Ratio	-	-	-
Reserves to Assets	-	-	-

Secured Creditors

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Mortgages Charges	0
Mortgages Outstanding	0
Mortgages Part Satisfied	0
Mortgages Satisfied	0

Assets and Debt Analysis

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Accounts Date	31-Dec-2024	31-Dec-2022	31-Dec-2021
Assets	-	-	-
Debt	-	-	-
Net Assets/Debt	100	100	100

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It is not clear that the company was actively trading prior to the latest financial data filed. Examination of the full accounts may provide further information. If the company remains active on the company register it may have traded in the period since the date of the latest filed accounts. A full credit report may provide information relating to trade payment history and county court or court judgments if any.

Public Record Information

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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

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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

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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

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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

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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)

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

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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

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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

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