Innovatek Limited
05312118
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 01/04/2026
Due 15/04/2027
Industry
Officers
director · Since 14/12/2004
RESEARCH ENGINEER
BRITISH · ENGLAND · Age 58
Also on 2 other boards
Persons with Significant Control
Mrs Fleur Elizabeth Stevenson
British · England · Age 57
Pasture House, 1 Cottage Field, Beverley, HU17 8YE
Notified 06/04/2016
Dr Paul Robert Stevenson
British · England · Age 58
Pasture House, 1 Cottage Field, Beverley, HU17 8YE
Notified 06/04/2016
CompanyRankvs 8784+ SIC 70229 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability
Key FinancialsYear ending 31/12/2025
Net Worth
£179k
Balance sheet strength
Cash
£118k
Cash in the bank
Net Current Assets
£148k
Working capital
Current Assets
£165k
Current Liabilities
£17k
Fixed Assets
£39k
Debtors
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 9.87 | +£8k |
| 2024 | 8.13 | +£9k |
| 2023 | 6.96 | — |
Derived from filed accounts. Not audited figures.