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Innoassist Limited

06975938

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

62 NORTHWICK AVENUE, HARROW, HA3 0AB
Incorporated 29/07/2009

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 29/07/2025

Due 12/08/2026

On track

Industry

86900
Other human health activities

Officers

Mr Venkata Sudhakar Reddy Sabbella

secretary · Since 29/07/2009

INDIAN · Age 50

Mr Vikas Saluguti

director · Since 29/07/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 6 other boards

Persons with Significant Control

Mr Vikas Saluguti

75–100% shares

British · United Kingdom · Age 56

62, Northwick Avenue, Harrow, HA3 0AB

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 09/06/2015Registered 15/06/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 06/12/2013Registered 13/12/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/04/2010Registered 09/04/2010Satisfied 18/01/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/03/2010Registered 16/03/2010Satisfied 18/01/2014

CompanyRankvs 908+ SIC 86900 peers
68

Financial strength96th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.09× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/07/2025

Net Worth

£389k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£391k

Working capital

Current Assets

£578k

Current Liabilities

£187k

Fixed Assets

£125k

Debtors

£543k

7avg. employees-4

Balance Sheet

Intangible assets£1
Assets less current liabilities£516k
Signed by Mr V Saluguti,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.09+£59k
20242.96+£30k
20232.66+£37k
20222.48+£55k
20212.08+£56k
20201.84+£26k
20191.86+£20k
20181.54

Derived from filed accounts. Not audited figures.