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Innovateandeat Limited

08266809

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE ELM TREE INN LOW ROAD, WISBECH, PE14 0DD
Incorporated 24/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56302
Public houses and bars

Officers

Mr Nilesh Misquitta

director · Since 24/10/2012

EXECUTIVE CHEF

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Mrs Agnieszka Misquitta

director · Since 25/07/2016

NONE

POLISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Persons with Significant Control

Mr Nilesh Misquitta

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

British · United Kingdom · Age 50

2 Levellars Road, Saffron Walden, CB10 2QY

Notified 06/04/2016

Mrs Agnieszka Misquitta

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

Polish · United Kingdom · Age 42

2 Levellars Road, Saffron Walden, CB10 2QY

Notified 25/07/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/12/2015Registered 12/12/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 06/08/2015Registered 11/08/2015

CompanyRankvs 5341+ SIC 56101 peers
60

Financial strength91th percentile among SIC peers · 23/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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65
How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/10/2024

Net Worth

£174k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

£190k

Current Liabilities

£284k

Fixed Assets

£399k

Debtors

£102k

14avg. employees-2

Tax at Year End

Corp tax£24k

Balance Sheet

Assets less current liabilities£306k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.67+£42k
20230.51+£38k
20220.45+£36k
20210.41-£29k
20200.57-£65k
20190.34—

Derived from filed accounts. Not audited figures.