Minnovation Limited
01226873
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/06/1991
ENGINEER
BRITISH · ENGLAND · Age 84
Also on 3 other boards
Persons with Significant Control
Mr George Albert Parrott
British · England · Age 84
Mulberry House, 53 Chevet Lane, Wakefield, WF2 6HS
Notified 30/06/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 204+ SIC 28990 peers73
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£1.6M
Balance sheet strength
Cash
£262k
Cash in the bank
Net Current Assets
£1.4M
Working capital
Current Assets
£1.5M
Current Liabilities
£50k
Fixed Assets
£170k
Debtors
£169k
Profit After Tax
£310k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 29.91 | +£310k |
| 2023 | 27.29 | -£71k |
| 2022 | 41.81 | -£8k |
| 2021 | 32.98 | +£171k |
| 2020 | 9.18 | -£303k |
| 2019 | 7.80 | -£316k |
| 2018 | 25.32 | — |
Derived from filed accounts. Not audited figures.