Innovation Lifts Limited
07474438
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 21/12/2025
Due 04/01/2027
Industry
Officers
director · Since 21/12/2010
DIRECTOR
BRITISH · UNITED KINGDOM · Age 71
Persons with Significant Control
Innovation Engineering Group Ltd
32 Gibbons Street, Harrimans Lane, Nottingham, NG7 2SD
Reg: 09355772 · England · Limited Company
Notified 15/11/2023
Former PSCs
Mr Peter Nicholas Charles Fielder
Ceased 05/09/2023
Mrs Sheena Anne Fielder
Ceased 05/09/2023
Charges2 outstanding
TIME INVOICE FINANCE LIMITED
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 1413+ SIC 28990 peers48
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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 31/12/2024
Net Worth
£257k
Balance sheet strength
Cash
£40k
Cash in the bank
Net Current Assets
-£40k
Working capital
Current Assets
£351k
Current Liabilities
£391k
Fixed Assets
£620k
Debtors
£234k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.90 | +£56k | £1.8M |
| 2023 | 0.82 | -£37k | — |
| 2022 | 1.22 | -£35k | — |
| 2021 | 1.22 | -£118k | — |
| 2020 | 1.36 | -£166k | — |
| 2019 | 1.44 | -£36k | — |
| 2018 | 1.43 | — | — |
Derived from filed accounts. Not audited figures.