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Innovation People Limited

06604200

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

32 WESTGATE, LOUTH, LN11 9YH
Incorporated 28/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62012
Business and domestic software development
70229
Management consultancy activities
78300
Human resources provision and management of human resources functions

Officers

Reverend Michael Peter Croft

director · Since 28/05/2008

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 7 other boards

Mr Ian Hall

director · Since 01/04/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 78

Persons with Significant Control

Reverend Michael Peter Croft

50–75% shares
50–75% votes

British · England · Age 66

32, Westgate, Louth, LN11 9YH

Notified 06/04/2016

Mr Ian Hall

25–50% shares
25–50% votes

British · England · Age 78

C4di, 31-38 Queen Street, Hull, HU1 1UU

Notified 05/11/2019

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 05/05/2022Registered 06/05/2022

CompanyRankvs 2419+ SIC 58290 peers
45

Financial strength93th percentile among SIC peers · 23/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity2/20 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

Outstanding charges: -10 pts

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

£221k

Balance sheet strength

Cash

£312

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£19k

Current Liabilities

£91k

Fixed Assets

£293k

Debtors

£19k

Tax at Year End

VAT£2k

Director Loans

Company owes directors£31k

Balance Sheet

Intangible assets£293k
Assets less current liabilities£221k
Signed by Rev Michael Croft 16/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.21-£6k£40k
20240.23-£25k
20230.38
20221.06
20210.33
20201.22
20190.03

Derived from filed accounts. Not audited figures.