Innovation It Support Ltd
07156739
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/02/2010
IT SUPPORT
BRITISH · ENGLAND · Age 39
Also on 2 other boards
Persons with Significant Control
Mr James Paul Matthews
British · England · Age 39
71 Victoria Road, Old Town, Swindon, SN1 3BB
Notified 06/04/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 1929+ SIC 62090 peers74
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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.
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
£194k
Balance sheet strength
Cash
£167k
Cash in the bank
Net Current Assets
£128k
Working capital
Current Assets
£188k
Current Liabilities
£59k
Fixed Assets
£112k
Debtors
£21k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.16 | +£24k |
| 2024 | 3.00 | +£17k |
| 2023 | 3.12 | +£29k |
| 2022 | 2.78 | +£21k |
| 2021 | 2.45 | +£22k |
| 2020 | 1.97 | +£13k |
| 2019 | 1.68 | — |
Derived from filed accounts. Not audited figures.