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Ic Innovate Limited

07774209

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

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

Details

77 VICTORIA ROAD, CAMBRIDGE, CB4 3BW
Incorporated 14/09/2011

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 20/03/2026

Due 03/04/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr David Richard Hargreaves

director · Since 14/09/2011

ENGINEER

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr David Richard Hargreaves

25–50% shares
25–50% votes

British · England · Age 49

77, Victoria Road, Cambridge, CB4 3BW

Notified 07/04/2016

Mrs Eleanor Hargreaves

25–50% shares
25–50% votes

British · England · Age 45

77, Victoria Road, Cambridge, CB4 3BW

Notified 07/04/2016

CompanyRankvs 1975+ SIC 62020 peers
86

Financial strength99th percentile among SIC peers · 25/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.21× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£1.2M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£50k

Current Liabilities

£23k

Fixed Assets

£1.2M

2avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.21-£59k
20235.81+£32k
20224.16+£9k
20211.23+£512k
20204.60-£231k
20191.99+£120k
20181.28

Derived from filed accounts. Not audited figures.