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Innovate It Ltd

04935426

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

Healthy

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

Details

5TH FLOOR BLOK, BRISTOL, BS2 0JA
Incorporated 17/10/2003

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 13/02/2026

Due 27/02/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Paul Michael Rawlinson

secretary · Since 08/01/2008

SECRETARY

BRITISH · UNITED KINGDOM · Age 48

Also on 3 other boards

Mr Paul Michael Rawlinson

director · Since 08/01/2008

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Mr Ricardo Martins

director · Since 17/03/2026

PORTUGUESE · PORTUGAL · Age 45

Persons with Significant Control

Allurity Ab

75–100% shares
75–100% votes

Norrlandsgatan 10, Norrlandsgatan 10, 111 43

Reg: 559320-6039 · Swedish Companies Registration Office · Ab - Limited Company

Notified 17/03/2026

Former PSCs

Mr Paul Michael Rawlinson

Ceased 17/03/2026

Dr Tabitha Anne Rawlinson

Ceased 17/03/2026

CompanyRankvs 4180+ SIC 62020 peers
85

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.54× · 16/20
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 strength24/25 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.

Liquidity16/20 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 31/10/2025

Net Worth

£373k

Balance sheet strength

Cash

£761k

Cash in the bank

Net Current Assets

£402k

Working capital

Current Assets

£1.2M

Current Liabilities

£750k

Fixed Assets

£37k

Debtors

£392k

7avg. employees

Tax at Year End

Corp tax£94k
VAT£47k

Director Loans

Directors owe company£120k

Balance Sheet

Assets less current liabilities£440k
Signed by Mr Paul Rawlinson 21/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.54+£97k£939k
20242.64-£177k£564k
20232.77£66k

Derived from filed accounts. Not audited figures.