Innovation It Solutions Limited
06520764
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 21/06/2025
Due 05/07/2026
Industry
Officers
director · Since 03/03/2008
IT PROFESSIONAL
BRITISH · ENGLAND · Age 49
Also on 1 other board
Persons with Significant Control
Mr Mr Anil Pabbati
British · England · Age 49
93, Forfield Road, Coventry, CV6 1FT
Notified 06/04/2016
CompanyRankvs 2475+ SIC 62012 peers81
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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 31/03/2025
Net Worth
£35k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£33k
Working capital
Current Assets
£53k
Current Liabilities
£19k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.71 | +£32k |
| 2024 | 1.15 | — |
| 2023 | 1.71 | — |
| 2022 | 2.30 | — |
| 2021 | 2.55 | — |
| 2020 | 1.06 | — |
| 2019 | 1.01 | — |
Derived from filed accounts. Not audited figures.