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Innovations In Primary Care Ltd

05477840

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

1580 PARKWAY, FAREHAM, PO15 7AG
Incorporated 10/06/2005

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 27/01/2024

Due 10/02/2025

Overdue

Industry

86210
General medical practice activities

Officers

Dr Michael John Twitchen

director · Since 01/04/2014

GP

BRITISH · ENGLAND · Age 63

Dr David Charles Stokes

director · Since 01/08/2017

GP

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Dr Neil James Iosson

director · Since 01/08/2017

GP

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Dr Sandeep Mtharu

director · Since 20/09/2018

GP

BRITISH · UNITED KINGDOM · Age 51

Dr Emma Woodcock

director · Since 15/08/2019

GP

BRITISH · ENGLAND · Age 60

Mr Thomas Micklewright

director · Since 01/09/2021

GP PRACTICE MANAGER

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr Thomas Micklewright

secretary · Since 01/12/2023

Also on 1 other board

Insolvency History1 case

creditors voluntary liquidation08/11/2024

Michael Robert Fortune (practitioner) · David Smithson (practitioner) · Stewart Goldsmith (practitioner)

CompanyRankvs 15+ SIC 86210 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2023

Net Worth

£358k

Balance sheet strength

Cash

£2.6M

Cash in the bank

Net Current Assets

£327k

Working capital

Current Assets

£6.1M

Current Liabilities

£5.8M

Fixed Assets

£39k

Debtors

£3.5M

420avg. employees

Balance Sheet

Assets less current liabilities£366k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.06

Derived from filed accounts. Not audited figures.