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Innovate Signs Limited

04439709

active
Private Limited Company
england wales
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

15 BARNES WALLIS ROAD BARNES WALLIS ROAD, FAREHAM, PO15 5TT
Incorporated 15/05/2002

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 10/07/2025

Due 24/07/2026

On track

Industry

18129
Printing (other than printing of newspapers and printing of labels)
26800
Manufacture of magnetic and optical media
32990
Other manufacturing

Officers

Mr Lee Richard Devitt

secretary · Since 16/05/2002

SIGN MAKING

BRITISH · ENGLAND · Age 56

Also on 13 other boards

Mr Lee Richard Devitt

director · Since 16/05/2002

SIGN MAKING

BRITISH · ENGLAND · Age 56

Also on 13 other boards

Mrs Sarah Maxine Devitt

director · Since 28/08/2007

ADMINISTRATION

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Persons with Significant Control

Innovate Holdings Limited

75–100% shares
75–100% votes

15, Barnes Wallis Road, Fareham, PO15 5TT

Reg: 11224654 · Companies House · Private Limited Company

Notified 31/05/2019

Former PSCs

Mrs Sarah Maxine Devitt

Ceased 31/05/2019

Mr Lee Richard Devitt

Ceased 31/05/2019

CompanyRankvs 430+ SIC 18129 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 84.93× · 20/20
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 strength25/25 pts

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

Employees15/15 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.

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

Key FinancialsYear ending 31/05/2020

Net Worth

£3.7M

Balance sheet strength

Cash

£2.9M

Cash in the bank

Net Current Assets

£3.4M

Working capital

Current Assets

£3.6M

Current Liabilities

£42k

Fixed Assets

£425k

Debtors

£574k

36avg. employees

Tax at Year End

Corp tax£43k

Balance Sheet

Assets less current liabilities£3.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202084.93-£197k
20186.34+£1000k
20173.77

Derived from filed accounts. Not audited figures.