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Innovative Accountants Ltd

09044626

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1 HIGH STREET, WEYBRIDGE, KT13 8UA
Incorporated 16/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69203
Tax consultancy

Officers

Mr Anand Mohan

director · Since 16/05/2014

PROFESSION

INDIAN · UNITED KINGDOM · Age 53

Also on 5 other boards

Persons with Significant Control

Mr Anand Mohan

75–100% shares
75–100% votes

Indian · England · Age 53

1, High Street, Weybridge, KT13 8UA

Notified 18/12/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 27/08/2024Registered 02/09/2024
Charge
outstanding

HSBC UK BANK PLC

Created 13/08/2024Registered 13/08/2024
Charge
satisfied

LLOYDS BANK PLC

Created 05/02/2016Registered 08/02/2016Satisfied 18/09/2024
Charge
satisfied

LLOYDS BANK PLC

Created 29/09/2015Registered 09/10/2015Satisfied 18/09/2024

CompanyRankvs 16370+ SIC 69201 peers
47

Financial strength91th percentile among SIC peers · 23/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees5/15 pts

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

Liquidity2/20 pts

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

Longevity12/15 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 31/05/2025

Net Worth

£170k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£155k

Working capital

Current Assets

£12k

Current Liabilities

£166k

Fixed Assets

£912k

1avg. employees

Balance Sheet

Assets less current liabilities£757k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£5k
20240.04+£3k
20231.61

Derived from filed accounts. Not audited figures.