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Innovative Gas Products Limited

04839708

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

4 OAK BUSINESS UNITS, EXETER, EX2 8FS
Incorporated 21/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Dr Josef Hacohen

secretary · Since 13/08/2003

BRITISH · ENGLAND · Age 69

Also on 7 other boards

Mr Carl Robert Gale

director · Since 13/08/2003

ENGINEER

BRITISH · ENGLAND · Age 57

Also on 1 other board

Dr Josef Hacohen

director · Since 13/08/2003

ENGINEER

BRITISH · ENGLAND · Age 69

Also on 7 other boards

Persons with Significant Control

Dr Josef Hacohen

75–100% shares

British · England · Age 69

4 Oak Business Units, Thorverton Road, Exeter, EX2 8FS

Notified 06/04/2016

Dr Joseph Hacohen

50–75% shares

Israeli · England · Age 69

4 Oak Business Units, Thorverton Road, Exeter, EX2 8FS

Notified 21/07/2016

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/04/2021Registered 13/04/2021Satisfied 02/08/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/07/2010Registered 22/07/2010Satisfied 02/08/2021

CompanyRankvs 524+ SIC 25990 peers
84

Financial strength91th percentile among SIC peers · 23/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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524Innovative Gas Products Limited
84
How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 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 31/07/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Net Current Assets

£2.9M

Working capital

Current Assets

£3.4M

Current Liabilities

£482k

Fixed Assets

£48k

Debtors

£652k

8avg. employees

Tax at Year End

Corp tax£13k
VAT£20k

Director Loans

Company owes directors£1k

Balance Sheet

Assets less current liabilities£2.9M
Signed by Dr Josef Hacohen 20/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20257.01+£34k£407k
20249.26+£26k£374k
20239.09-£59k£374k
20226.79+£393k—
20213.33-£15k—
20205.53+£80k—
20194.17+£212k—
20185.02——

Derived from filed accounts. Not audited figures.