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Innovation Advantage Limited

04418872

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

4 MORRIS LANE, BATH, BA1 7PP
Incorporated 17/04/2002

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 17/04/2026

Due 01/05/2027

On track

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Angela Shearn

secretary · Since 17/04/2002

BRITISH

Mr Matthew Shearn

director · Since 17/04/2002

ENGINEER

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Matthew Shearn

75–100% shares

British · England · Age 61

4, Morris Lane, Bath, BA1 7PP

Notified 06/04/2016

CompanyRankvs 4944+ SIC 72190 peers
39

Financial strength14th percentile among SIC peers · 4/25
Employees20th 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
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How is this score calculated?
Financial strength4/25 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£693

Current Liabilities

£12k

Fixed Assets

£244

0avg. employees

Balance Sheet

Total assets£937

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06-£3k
20240.07-£5k
20230.46-£5k
2022Infinity-£3k
20214.00-£1k
2020-£4k
201916.35

Derived from filed accounts. Not audited figures.