# IB PROPERTIES LIMITED (09977196)

> IB PROPERTIES LIMITED is an active private limited company (company number 09977196) incorporated on 29 January 2016, registered in Cannock. Its registered activity is other accommodation (SIC 55900). Latest small accounts cover the period ending 31 March 2025, showing net assets of £184k and cash of £77k, with 1 employee on average. Net assets rose 53% on the prior period (£121k).

- Status: Active
- Incorporated: 2016-01-29
- Registered office: Cannock, WS11 1AP
- SIC 55900: Other accommodation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-02-12
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 481 comparable companies in Birmingham (median £1,000, upper quartile £18k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £184k | £77k | £517k | £2.05m | — | — | 1 |
| 2024-03-31 | £121k | £58k | £511k | £1.78m | — | — | 1 |

current ratio 0.29; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £184,266 at 31 March 2025
- Net assets up 10% or more on the prior period: +52.9% vs prior period
- Current assets below creditors within one year: Current ratio 0.29
- Cash at bank of £50,000 or more: Cash £77,061
- Incorporated five or more years ago: Incorporated 29 January 2016

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Ian Beech — owns 25–50% of shares; holds 25–50% of voting rights; has significant influence or control, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/09977196
HTML: https://firmoscan.com/company/09977196-ib-properties-limited