M2c Innovation Ltd
06230729
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/03/2010
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 3 other boards
Persons with Significant Control
Red Innovation Holdings Limited
Room 73, Wrest House, Wrest Park, Bedford, MK45 4HR
Reg: 12262245 · United Kingdom · Limited Company
Notified 14/10/2019
Former PSCs
Mr Jason Martin Thorpe
Ceased 14/10/2019
CompanyRankvs 17054+ SIC 47990 peers40
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£137k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£135k
Working capital
Current Assets
£49k
Current Liabilities
£184k
Fixed Assets
£1k
Debtors
£32k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.27 | -£31k |
| 2023 | 0.45 | -£24k |
| 2022 | 0.59 | -£35k |
| 2021 | 0.83 | — |
Derived from filed accounts. Not audited figures.