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Innovation Software Ltd.

01670041

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

INNOVATION CENTRE-MEDWAY, CHATHAM, ME5 9FD
Incorporated 06/10/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Russell John Stewart Lyons

director · Since 29/05/1991

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 76

Also on 6 other boards

Mrs Vivien Theresa Johnson

secretary · Since 01/08/1997

COMPANY DIRECTOR

MALAYSIAN · UNITED KINGDOM · Age 72

Also on 13 other boards

Mrs Vivien Theresa Johnson

director · Since 01/08/1997

COMPANY DIRECTOR

MALAYSIAN · UNITED KINGDOM · Age 72

Also on 13 other boards

Persons with Significant Control

E.Nnovation.Com Ltd

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

The Granary, Hermitage Court, Maidstone, ME16 9NT

Reg: 02925530 · England · Limited

Notified 01/06/2016

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 13/03/1987Registered 26/03/1987Satisfied 28/01/2004

CompanyRankvs 12527+ SIC 62090 peers
72

Financial strength89th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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12527Innovation Software Ltd.
68
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£141k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£182k

Current Liabilities

£197k

Fixed Assets

£156k

Debtors

£111k

7avg. employees

Balance Sheet

Intangible assets£149k
Assets less current liabilities£142k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93-£63k
20230.84-£59k
20220.67-£149k
20211.20-£44k
20200.91-£23k
20190.97+£16k
20180.92—

Derived from filed accounts. Not audited figures.