Innotech Limited
07860867
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/11/2023
BUSINESS DEVELOPMENT MANAGER
ESTONIAN · ESTONIA · Age 47
Persons with Significant Control
Mr Magnus Igasta
Estonian · Estonia · Age 44
86-90, Paul Street, London, EC2A 4NE
Notified 02/08/2019
Mr Tarmo Luudik
Estonian · Estonia · Age 47
Fusioncraft Oü, Pärnu Maakond, Pärnu Linn, Pärnu Linn,, Pikk Tn 12
Notified 13/02/2024
Tower Two Limited
20-22, Wenlock Road, London, N1 7GU
Reg: 11303184 · Company Registry Of England And Wales · Private Company Limited By Shares
Notified 04/11/2024
Former PSCs
Mr Jurgen Valgepea
Ceased 08/09/2017
Mr Jurgen Kasper
Ceased 02/08/2019
Tarmo Lüüdik
Ceased 19/02/2024
CompanyRankvs 10842+ SIC 62012 peers73
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Net Worth
£60k
Balance sheet strength
Cash
£50k
Cash in the bank
Net Current Assets
£52k
Working capital
Current Assets
£120k
Current Liabilities
£69k
Debtors
£70k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.75 | +£18k |
| 2023 | 2.60 | +£96k |
| 2022 | 0.66 | -£55k |
| 2021 | 1.01 | -£2k |
| 2020 | 1.07 | +£7k |
| 2019 | 0.91 | -£27k |
| 2018 | 1.81 | — |
Derived from filed accounts. Not audited figures.