Heales Innovation Limited
05653900
Some Concerns
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 14/12/2025
Due 28/12/2026
Industry
Officers
Persons with Significant Control
Mrs Elizabeth Jean Heale
British · England · Age 71
29 Bridge St, Bridge Street, Hitchin, SG5 2DF
Notified 06/04/2016
Mr Eamonn John Swanton
British · England · Age 65
29 Bridge St., 29 Bridge St., Hitchin, SG5 2DF
Notified 06/04/2016
Insolvency History1 case
Eric Walls (practitioner)
CompanyRankvs 13945+ SIC 86900 peers56
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£15k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£15k
Working capital
Current Assets
£393k
Current Liabilities
£377k
Fixed Assets
£104
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.04 | +£0 |
| 2025 | 1.04 | -£71k |
| 2024 | 1.60 | +£181k |
| 2023 | 0.18 | -£133k |
| 2022 | 2.83 | -£53k |
| 2021 | 5.05 | — |
Derived from filed accounts. Not audited figures.