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David Hutchins Innovation Limited

04538824

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

107 NORTH STREET, MARTOCK, TA12 6EJ
Incorporated 18/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Margaret Ruth Hutchins

secretary · Since 18/09/2002

BRITISH

Also on 5 other boards

Mr David Collingwood Hutchins

director · Since 18/09/2002

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 89

Also on 5 other boards

Mrs Margaret Ruth Hutchins

director · Since 25/03/2014

DIRECTOR

BRITISH · ENGLAND · Age 85

Also on 1 other board

Mr Kolawole Ayodele Oluwashina Olutimehin Bsc Fcca

director · Since 03/02/2022

BUSINESS CONSULTANT

BRITISH · ENGLAND · Age 58

Also on 8 other boards

Persons with Significant Control

Mr David Collingwood Hutchins

25–50% shares
25–50% votes
Appoint directors

British · England · Age 89

Orchard House, Hillway, Somerton, TA11 6AN

Notified 06/04/2016

Mrs Margaret Ruth Hutchins

25–50% shares
25–50% votes
Appoint directors

British · England · Age 85

Orchard House, Hillway, Somerton, TA11 6AN

Notified 06/04/2016

CompanyRankvs 136708+ SIC 70229 peers
38

Financial strength1th percentile among SIC peers · 0/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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136708David Hutchins Innovation Limited
38
How is this score calculated?
Financial strength0/25 pts

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

Employees6/15 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

-£122k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

-£122k

Working capital

Current Assets

£72k

Current Liabilities

£194k

Fixed Assets

£1k

Debtors

£18k

1avg. employees

Tax at Year End(2017)

Dividends paid£9k

Balance Sheet

Assets less current liabilities-£121k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.37-£59k
20240.48+£37k
20230.04-£4k
20220.07-£9k
20210.08—
20200.13—
20190.11—
20170.71—

Derived from filed accounts. Not audited figures.