Company Overview
Ibis Parcel Services Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Wednesday 05 February 2014, so this is a well established company. Ibis Parcel Services Limited has been in business for 12 years and 1 month. The accounts status is small and the accounts are next due on Monday 30 September 2024.
Registered Address

C/O 31St Floor, 40 Bank Street, London, London, E14 5NR
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Companies House Data
Company NameIBIS PARCEL SERVICES LIMITED
Company Number08877008
Registered Office AddressC/O 31st Floor,
 40 Bank Street
 E14 5NR
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date05/02/2014
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2024
Accounts Last Made Up Date31/12/2022
Accounts Account CategorySMALL
Returns Next Due Date17/09/2016
Returns Last Made Up Date20/08/2015
Previous Company NameChanged Date
DODDLE PARCEL SERVICES LIMITED06 Dec 2023
ESSELCO PARCEL SERVICES LIMITED01 May 2014
Directors & Members
Show Resigned
Jake Irwin - Director
(British, 51 years old, born February 1975)
Appointed 23 May 2014
Active
Secretaries
Show Resigned
Daniel Rose - Secretary
Appointed 29 September 2015
Active
Balance Sheet Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2014
Balance Sheet
Fixed Assets 7,917,060 7,917,060
Current Assets 2,635,016 2,635,016
Creditors Due Within One Year 5,567,063 5,567,063
Working Cap -2,932,047 -2,932,047
Total Assets Less Current Liabilities 4,985,013 4,985,013
Long-term Liabilities 14,900,356 14,900,356
Net Assets -9,915,343 -9,915,343
Share Capital & Reserves
Share Cap 1,013,171 1,013,171
Profit & Loss Reserves -10,928,514 -10,928,514
Other Reserves 0 0
Shareholders Funds -9,915,343 -9,915,343
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2014
Tangible Fixed Assets - -
Fixed Assets 75.0% 75.0%
Stocks Inventory 0.0% 0.0%
Debtors 0.0% 0.0%
Cash Bank In Hand 15.6% 15.6%
Current Assets 25.0% 25.0%
Creditors Due Within One Year 52.8% 52.8%
Net Current Assets Liabilities -27.8% -27.8%
Creditors Due After One Year 141.2% 141.2%
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability -94.0% -94.0%
Called Up Share Capital 9.6% 9.6%
Share Capital Allotted Called Up Paid 9.6% 9.6%
Profit Loss Account Reserve -103.6% -103.6%
Shareholder Funds -94.0% -94.0%
Capital Employed - -
Total Assets Less Current Liabilities 47.2% 47.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2014
Liquidity Ratio 0.5 0.5
Solvency Ratio 0.5 0.5
Reserves to Assets -1.0 -1.0
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2014
Assets 10,552,076 10,552,076
Debt 20,467,419 20,467,419
Net Assets/Debt -9,915,343 -9,915,343

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Liquidation.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Liquidation.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Liquidation.

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
Final Gazette dissolved following liquidation
Return of final meeting in a Members' voluntary winding up
Appointment of a voluntary liquidator
Resolutions
Declaration of solvency
Registered office address changed from 22 Manchester Square London W1U 3PT to C/O 31st Floor, 40 Bank Street London London E14 5NR on 4 March 2024
Resolutions
Satisfaction of charge 088770080003 in full
Resolutions
Certificate of change of name
Termination of appointment of Lloyd Marshall Dorfman as a director on 23 November 2023
Termination of appointment of Adam Samuel Lauffer as a director on 10 November 2023
Termination of appointment of Timothy Andrew Robinson as a director on 10 November 2023
Memorandum and Articles of Association
Resolutions
Confirmation statement made on 6 August 2023 with no updates
Statement of capital following an allotment of shares on 4 August 2015
Satisfaction of charge 088770080001 in full
Satisfaction of charge 088770080002 in full
Confirmation statement made on 6 August 2022 with no updates
All of the property or undertaking has been released from charge 088770080001
All of the property or undertaking has been released from charge 088770080002

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