Back to search

Zeal Innovation Ltd

08781841

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

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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 141+ 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
Show leaderboard
1Kemet International Limited
90
2Anders Electronics Plc
90
3Baumer Limited
90
4Sinclair Stainless Fabrications Limited
90
5R.B. Plant Construction Limited
90
6Bernhard & Co. Limited
90
7Thermac (Hire) Limited
90
8Torkington Engineers Limited
90
9Longvale Limited
90
10Contract Design (Northern) Limited
90
141Zeal 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+£484k
20211.11—

Derived from filed accounts. Not audited figures.