Back to search

Associate 2 Innovate Limited

05950584

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

PERA BUSINESS PARK, MELTON MOWBRAY, LE13 0PB
Incorporated 29/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mrs Jennifer Stead

secretary · Since 29/09/2006

BRITISH · UNITED KINGDOM · Age 77

Also on 2 other boards

Mr Michael Philip Stead

director · Since 29/09/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Michael Philip Stead

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 57

Suite 4-2, Pera Business Park, Nottingham Road, Melton Mowbray, LE13 0PB

Notified 06/04/2016

CompanyRankvs 13400+ SIC 71129 peers
53

Financial strength68th percentile among SIC peers · 17/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Christie & Grey Limited
90
2Giltbrook Dyers And Cleaners Limited(The)
90
3Boro Foundry Limited(The)
90
4Sleeman & Hawken Limited
90
5Glebe Engineering Limited
90
6Bindon Engineering Company Limited
90
7Corrosion Technology Services Europe Limited
90
8Mel Aviation Limited
90
9Accurate Cutting Services Limited
90
10Isolated Systems Limited
90
13400Associate 2 Innovate Limited
49
How is this score calculated?
Financial strength17/25 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.

Liquidity6/20 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 30/09/2025

Net Worth

£24k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£26k

Current Liabilities

£30k

Fixed Assets

£31k

Balance Sheet

Assets less current liabilities£27k
Signed by Michael Stead 17 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.88-£4k
20240.95-£23k
20232.14—

Derived from filed accounts. Not audited figures.