Innovate Awarding Ltd
07212507
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/07/2024
full
Next accounts due
31/07/2026
Confirmation statement
Last: 03/04/2026
Due 17/04/2027
Industry
Officers
director · Since 30/06/2014
DIRECTOR
IRISH · UNITED KINGDOM · Age 73
Also on 3 other boards
director · Since 25/09/2023
NON-EXECUTIVE DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 1 other board
director · Since 29/10/2025
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 1 other board
Persons with Significant Control
Lifetime Training Group Ltd
Clifton Heights, Triangle West, Bristol, BS8 1EJ
Reg: 3263608 · England & Wales · Limited Company
Notified 06/04/2016
Charges4 outstanding
GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT
GLAS TRUST CORPORATION LIMITED
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES (EACH AS DEFINED IN T
THE ROYAL BANK OF SCOTLAND PLC AS SECURITY AGENT
CompanyRankvs 52+ SIC 85600 peers70
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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
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/07/2023
Turnover
£12.0M
Annual revenue
Net Worth
£15.9M
Balance sheet strength
Cash
£430k
Cash in the bank
Profit Before Tax
£1.5M
Bottom line earnings
Net Current Assets
£15.6M
Working capital
Current Assets
£17.7M
Current Liabilities
£2.0M
Fixed Assets
£267k
Debtors
£17.2M
Cost of Sales
£603k
Gross Profit
£11.4M
Admin Expenses
£9.8M
Operating Profit
£1.5M
Profit After Tax
£1.5M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 8.69 |
Derived from filed accounts. Not audited figures.