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Innovative Clothing Limited

04058507

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

WATERGATES BUILDING, LEICESTER, LE5 4LE
Incorporated 23/08/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14132
Manufacture of women's outerwear

Officers

Mr Gulam Makadam

secretary · Since 23/08/2000

BRITISH · UNITED KINGDOM · Age 83

Also on 2 other boards

Faisal Makadam

director · Since 23/08/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Mrs Tahera Mohammed Ashraf Makadam

Appoint directors

British · United Kingdom · Age 59

50 Sandringham Avenue, Leicester, LE4 7NR

Notified 06/04/2016

Mr Faisal Makadam

Appoint directors

British · United Kingdom · Age 54

54 Lanesborough Road, Leicester, LE4 7NG

Notified 06/04/2016

Mr Yunus Makadam

Appoint directors

British · United Kingdom · Age 58

38 Catterick Way, Leicester, LE5 1ER

Notified 06/04/2016

Ms Tasneem Makadam

Appoint directors

British · England · Age 39

54 Lanesborough Road, Leicester, LE4 7NG

Notified 06/04/2016

Mr Mohammed Ashraf Makadam

Appoint directors

British · England · Age 62

320 London Road, Leicester, LE2 2PJ

Notified 06/04/2016

Mr Gulam Makadam

Appoint directors

British · United Kingdom · Age 83

14 Woodbridge Road, Leicester, LE4 7RF

Notified 06/04/2016

Mrs Zulfizarkhon Makadam

Appoint directors

Uzbek · England · Age 44

7 Spinney Rise, Leicester, LE4 3DY

Notified 06/04/2016

Former PSCs

Ms Farhana Yunus Makadam

Ceased 24/06/2021

Mr Ismail Gulam Makadam

Ceased 06/04/2016

Ms Farhan Yunus Makadam

Ceased 06/04/2016

Charges1 outstanding

Charge
outstanding

THE TRUSTEES OF THE INNOVATIVE CLOTHING LTD RBS

Created 09/03/2017Registered 29/03/2017

CompanyRankvs 22+ SIC 14132 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.79× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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.

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

£735k

Balance sheet strength

Cash

£325k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.7M

Current Liabilities

£973k

Fixed Assets

£31k

Debtors

£1.8M

18avg. employees-16

Balance Sheet

Assets less current liabilities£1.8M
Signed by Faisal Makadam 22nd December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.79+£8k
20242.25-£16k
20232.09+£131k
20222.65+£268k
20212.46-£32k
20201.73+£162k
20191.41

Derived from filed accounts. Not audited figures.