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Innovate Now Ltd

07408562

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

F6.6 - F6.9 GLOBE HOUSE GLOBE PARK, ROCHDALE, OL16 5EB
Incorporated 15/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Michael Dennis Kilroy

director · Since 15/10/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 6 other boards

Persons with Significant Control

Mr Michael Dennis Kilroy

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 70

1a, Burnside Drive, Holmfirth, HD9 2LY

Notified 06/04/2016

Former PSCs

Ms Jane Suzanne Hurn

Ceased 01/07/2020

Charges1 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/08/2014Registered 08/08/2014Satisfied 11/07/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/07/2014Registered 30/07/2014

CompanyRankvs 91296+ SIC 82990 peers
37

Financial strength12th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.33× · 12/20
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 strength3/25 pts

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

Employees2/15 pts

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

Liquidity12/20 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 31/12/2023

Net Worth

-£5k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£46k

Current Liabilities

£34k

Debtors

£43k

Profit After Tax

-£192

0avg. employees-2

Tax at Year End

Corp tax£16k

Balance Sheet

Assets less current liabilities£11k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.33-£192
20221.34
20211.22
20201.49-£617
20190.80-£27k
20181.80

Derived from filed accounts. Not audited figures.