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Innovate It Ltd

04935426

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

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 553+ SIC 62020 peers
89

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.64× · 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 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.

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 31/10/2024

Net Worth

£276k

Balance sheet strength

Cash

£256k

Cash in the bank

Net Current Assets

£290k

Working capital

Current Assets

£466k

Current Liabilities

£176k

Fixed Assets

£66k

Debtors

£210k

7avg. employees

Tax at Year End

Corp tax£3k
VAT£28k

Director Loans(2023)

Company owes directors£312

Balance Sheet

Assets less current liabilities£356k
Signed by Mr Paul Rawlinson 11/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.64-£177k£564k
20232.77-£346k£66k
20225.57+£277k£555k
20213.95+£390k£391k
202011.37+£156k
2019-1.88-£74k
20183.15

Derived from filed accounts. Not audited figures.