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Innovate Healthcare Management Group Limited

07758732

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

SUITE 4, LEVEL 3, STOCKPORT, SK1 1TA
Incorporated 01/09/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Mahabir Atwal

director · Since 01/09/2011

PHYSICIST

AMERICAN · ENGLAND · Age 70

Ms Jacqueline Mary Salvidge

director · Since 08/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Mr Mahabir Atwal

50–75% shares
50–75% votes

American · England · Age 70

Suite 4, Level 3, Tiviot Dale, Stockport, SK1 1TA

Notified 06/04/2016

Ms Jacqueline Mary Salvidge

25–50% shares

British · England · Age 48

Suite 4 Floor 3 Dale House, Tiviot Dale, Stockport, SK1 1TA

Notified 30/09/2024

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 30/05/2023Registered 09/06/2023
Charge
outstanding

CLOSE BROTHERS LTD (THE "SECURITY TRUSTEE")

Created 30/10/2014Registered 04/11/2014

CompanyRankvs 3512+ SIC 86900 peers
71

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.03× · 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 strength24/25 pts

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

Employees15/15 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 31/12/2024

Net Worth

£238k

Balance sheet strength

Cash

£236k

Cash in the bank

Net Current Assets

£46k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.6M

Fixed Assets

£314k

Debtors

£1.2M

72avg. employees

Balance Sheet

Intangible assets£166k
Bank loans & overdrafts£129k
Assets less current liabilities£360k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03+£220k
20230.97+£79k
20220.99-£277k
20211.11

Derived from filed accounts. Not audited figures.