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Innowood Limited

08558638

active
Private Limited Company
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

62 NORTHWICK AVENUE, KENTON, HA3 0AB
Incorporated 06/06/2013

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 06/06/2026

Due 20/06/2027

On track

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Mr Vikas Saluguti

director · Since 06/06/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 6 other boards

Mr Venkata Sudhakar Reddy Sabbella

secretary · Since 08/07/2013

Persons with Significant Control

Mr Vikas Saluguti

75–100% shares

British · United Kingdom · Age 56

62, Northwick Avenue, Kenton, HA3 0AB

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 228+ SIC 87200 peers
66

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.41× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees14/15 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.

Longevity13/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 30/06/2025

Net Worth

£894k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

£370k

Working capital

Current Assets

£420k

Current Liabilities

£50k

Fixed Assets

£788k

Debtors

£393k

29avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Signed by Mr V Saluguti,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.41+£148k
20243.15+£194k
20231.28

Derived from filed accounts. Not audited figures.