# IPS (COVENTRY) LIMITED (10661686)

> IPS (COVENTRY) LIMITED is an active private limited company (company number 10661686) incorporated on 9 March 2017, registered in Leicester. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £109, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 44% on the prior period (£195).

- Status: Active
- Incorporated: 2017-03-09
- Registered office: Leicester, LE19 1WP
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-23
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 677 comparable companies in Leicester (median £2,340, upper quartile £30k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £109 | — | — | £75k | — | — | 3 |
| 2024-03-31 | £195 | — | — | £46k | — | — | 3 |

current ratio 0.93; size band micro.

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

- Net assets above zero: Net assets £109 at 31 March 2025
- Net assets down 25% or more on the prior period: -44.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.93
- Incorporated five or more years ago: Incorporated 9 March 2017

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

## Persons with significant control

- Mr Paul Steane — owns 75–100% of shares, since 2017-03-09

---
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/10661686
HTML: https://firmoscan.com/company/10661686-ips-coventry-limited