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Projects By Innovation Limited

04149880

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

Unit 144a Lydney Industrial Estate, Lydney, GL15 5EJ
Incorporated 29/01/2001

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr David Anthony Toombs A N A E A

director · Since 18/09/2002

ESTATE AGENT

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Roger Martin Vine

director · Since 01/06/2013

DIRECTOR

BRITISH · ENGLAND · Age 69

David Anthony Toombs

director · Since 18/09/2002

British · England · Age 61

Roger Martin Vine

director · Since 01/06/2013

British · England · Age 69

Former

Formation Nominees Limited

corporate nominee director · Resigned 29/01/2001

Formation Secretaries Limited

corporate nominee secretary · Resigned 29/01/2001

Louise Sheppard

director · Resigned 30/10/2002

Craig Paul Sheppard

director · Resigned 01/10/2008

Louise Vanessa Sheppard

secretary · Resigned 01/10/2008

Brian John Scriven

director · Resigned 01/04/2014

Brian John Scriven

secretary · Resigned 26/11/2019

Persons with Significant Control

Mr David Toombs

25–50% shares

British · England · Age 61

Unit 144a, Lydney Industrial Estate, Lydney, GL15 5EJ

Notified 29/01/2017

Mr Roger Martin Vine

25–50% shares

British · England · Age 69

Unit 144a, Lydney Industrial Estate, Lydney, GL15 5EJ

Notified 29/01/2017

Charges8 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/03/2009Registered 17/03/2009
charge
outstanding

MORTGAGE EXPRESS

Created 25/05/2007Registered 31/05/2007
charge
outstanding

MORTGAGE EXPRESS

Created 25/05/2007Registered 31/05/2007
charge
outstanding

MONMOUTHSHIRE BUILDING SOCIETY

Created 12/01/2007Registered 19/01/2007
charge
outstanding

HSBC BANK PLC

Created 17/10/2005Registered 19/10/2005
charge
outstanding

HSBC BANK PLC

Created 06/05/2005Registered 10/05/2005
charge
outstanding

HSBC BANK PLC

Created 06/05/2005Registered 10/05/2005
charge
outstanding

HSBC BANK PLC

Created 06/05/2005Registered 10/05/2005

Change History

officer appointedTOOMBS, David Anthony
2026-08-10
officer appointedVINE, Roger Martin
2026-08-10
statusactive
2026-08-10

Active

typeltd
2026-08-10

Private Limited Company

address line1Unit 144a Lydney Industrial Estate
2026-08-10

UNIT 144A

post townLydney
2026-08-10

LYDNEY

CompanyRankvs 87615+ SIC 68209 peers
45

Financial strength80th percentile among SIC peers · 20/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.06× · 2/20
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 strength20/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 30/06/2025

Net Worth

£125k

Balance sheet strength

Cash

£346

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£4k

Current Liabilities

£70k

Fixed Assets

£620k

Debtors

£4k

0avg. employees-2

Tax at Year End

Corp tax£8k

Balance Sheet

Bank loans & overdrafts£429k
Assets less current liabilities£554k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£4k
20240.01-£4k
20230.01

Derived from filed accounts. Not audited figures.