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Innovative Physics Limited

06735542

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LANDGUARD MANOR, SHANKLIN, PO37 7JB
Incorporated 28/10/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Gerry Desler

secretary · Since 28/10/2008

OTHER

Also on 2 other boards

Mike Anderson

director · Since 28/10/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Mr Richard Bruce Farleigh

director · Since 02/12/2013

INVESTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 8 other boards

Dr David Jeremy Prendergast

director · Since 02/12/2013

CHIEF TECHNOLOGY OFFICER

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Persons with Significant Control

Mr Richard Bruce Farleigh

25–50% shares

British · United Kingdom · Age 65

83, Eaton Terrace, London, SW1W 8TW

Notified 01/07/2016

Former PSCs

Mr Michael Roy Underwood

Ceased 01/05/2020

Mrs Pearl Anne Underwood

Ceased 30/04/2026

CompanyRankvs 5380+ SIC 26110 peers
63

Financial strength0th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/12/2025

Net Worth

-£2.6M

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.3M

Current Liabilities

£542k

Fixed Assets

£109k

Debtors

£2.0M

20avg. employees

Balance Sheet

Intangible assets£80k
Assets less current liabilities£1.8M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.16+£0
20254.16-£694k
20244.70-£421k
20234.15-£526k
20222.54-£440k
20212.62-£48k
20202.44-£33k
20194.28+£205k
20184.00

Derived from filed accounts. Not audited figures.