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Zeal Innovation Ltd

08781841

active
Private Limited Company
england wales
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

C/O BEVAN BUCKLAND LLP GROUND FLOOR CARDIGAN HOUSE, SWANSEA, SA7 9LA
Incorporated 19/11/2013

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/10/2025

Due 06/11/2026

On track

Industry

71121
Engineering design activities for industrial process and production
72190
Other research and experimental development on natural sciences and engineering

Officers

Professor Neil Anthony Barron

director · Since 19/11/2013

DESIGNER

BRITISH · UNITED KINGDOM · Age 60

Also on 6 other boards

William Riley

director · Since 27/12/2013

NONE

BRITISH · AUSTRALIA · Age 60

Mr Neil Anthony Barron

secretary · Since 05/11/2018

Persons with Significant Control

Professor Neil Anthony Barron

25–50% shares
25–50% votes

British · United Kingdom · Age 60

C/O Bevan Buckland Ltd, Ground Floor, Swansea, SA7 9LA

Notified 06/04/2016

Former PSCs

Mr William John Riley

Ceased 01/09/2023

Charges2 outstanding

Charge
outstanding

IFW-DEBT LP (ACTING BY ITS GENERAL PARTNER) FWC IFW DEBT GP LIMITED ACTING BY FW CAPITAL LIMITE

Created 23/05/2025Registered 28/05/2025
Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 23/03/2020Registered 23/03/2020

CompanyRankvs 145+ SIC 71121 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.17× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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145Zeal Innovation Ltd
87
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.

Employees15/15 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

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

£1.9M

Balance sheet strength

Cash

£293k

Cash in the bank

Net Current Assets

£793k

Working capital

Current Assets

£1.5M

Current Liabilities

£677k

Fixed Assets

£1.8M

Debtors

£322k

26avg. employees+3

Tax at Year End

Corp tax£1k

Balance Sheet

Intangible assets£1.5M
Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.17+£648k
20231.22—

Derived from filed accounts. Not audited figures.