−£38k
vs May 2024Active12589227Private limited companyLeeds
IBIAB SYSTEMS LTD
E27/10001
Summary
IBIAB SYSTEMS LTD is an active private limited company (company number 12589227) incorporated on 6 May 2020, registered in Leeds. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 May 2025, showing net assets of −£38k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 32% on the prior period (−£29k).
Peer position · net assets
By net assets it sits in the bottom quarter of 1,022 comparable companies in Leeds (median £2,089, upper quartile £36k).
02
Key dates
- Incorporated
- 6 May 20206 yrs ago
- Next accounts due
- 28 February 2027in 129 days
- Confirmation statement due
- 20 May 2027in 210 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- SIC 62020
- Information technology consultancy activities
- SIC 63120
- Web portals
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
1
No changevs May 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | −£38k | — | — | £44k | — | — | 1 |
| 31 May 2024 | −£29k | — | — | £26k | — | — | 1 |
Current ratio0.01Current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Firmoscan score
27 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-37,800 at 2025-05-31 |
| −8 | Net assets falling-32.3% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.01 |
| +8 | EstablishedIncorporated 2020-05-06 (6 years) |
| 27 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Andrew Nathaniel Williams
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 210 days
- Next accounts duein 129 days
- Accounts period endNet liabilities £38k · micro accounts
- Accounts period endNet liabilities £29k · micro accounts
- Incorporated
08
Similar companies in Leeds
09
Reminders for IBIAB SYSTEMS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.