IOTL LTD

Company number SC613846 · Liquidation · Glenrothes KY7 4NS

D
Firmoscan score 43/100
Companies House ↗

IOTL LTD is a liquidation private limited company (company number SC613846) incorporated on 16 November 2018, registered in Glenrothes. Its registered activity is licenced restaurants (SIC 56101). Latest abridged accounts cover the period ending 30 November 2024, showing net assets of £260k and cash of £409, with 30 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 74% on the prior period (£149k).

By net assets it sits in the top quarter of 4,311 comparable companies in Other (median £100, upper quartile £26k).

Key dates

Incorporated
16 November 2018
Next accounts due
30 August 2026 — 53 days overdue
Confirmation statement due
30 November 2026 — in 39 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 56101
Licenced restaurants
Accounts type
Unaudited Abridged
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 30 November 2024

Net assets
Net assetsNov 2023: £149k; Nov 2024: £260k£149k£260kNov 2023Nov 2024
Cash at bank
Cash at bankNov 2023: £63k; Nov 2024: £409£63k£409Nov 2023Nov 2024
Average employees
Average employeesNov 2023: 30; Nov 2024: 303030Nov 2023Nov 2024
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
30 November 2024£260k£409—£230k——30
30 November 2023£149k£63k—£152k——30
Current ratio
0.17 — current liabilities exceed current assets
Cash per employee
£14

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 43/100 (grade D)

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.

Ownership and control

  • Mr Alan Herries — owns 25–50% of shares; holds 25–50% of voting rights · since 16 November 2018
  • Mr Michael Herries — owns 25–50% of shares; holds 25–50% of voting rights · since 16 November 2018 · ceased 12 September 2022

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Similar companies in the UK

Same activity (licenced restaurants), closest in incorporation date.

All companies incorporated on 16 November 2018 · in Nov 2018.

Reminders for IOTL LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.