# IOLAR TIMBER LIMITED (NI668807)

> IOLAR TIMBER LIMITED is an active private limited company (company number NI668807) incorporated on 6 April 2020, registered in Burren. Its registered activity is manufacture of wooden containers (SIC 16240). Latest micro accounts cover the period ending 30 April 2025, showing net assets of −£9,255, 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 314% on the prior period (£4,315).

- Status: Active
- Incorporated: 2020-04-06
- Registered office: Burren, BT34 3FN
- SIC 16240: Manufacture of wooden containers
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-04-20
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 251 comparable companies in the UK (median £28k, upper quartile £327k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | −£9,255 | — | — | £40k | — | — | 1 |
| 2024-04-30 | £4,315 | — | — | £31k | — | — | 1 |

current ratio 1.5; size band micro.

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

- Net assets below zero: Net assets £-9,255 at 30 April 2025
- Net assets down 25% or more on the prior period: -314.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.5
- Incorporated five or more years ago: Incorporated 6 April 2020

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

## Persons with significant control

- Mr Patrick Hornby — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-04-06

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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/NI668807
HTML: https://firmoscan.com/company/NI668807-iolar-timber-limited