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Innovate Pharmaceuticals Limited

09209053

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

30 OLD BAILEY, LONDON, EC4M 7AU
Incorporated 09/09/2014

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/07/2025

Due 25/07/2026

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Mr Michael James Stuart

director · Since 09/09/2014

REGISTERED MEDICAL PRACTITIONER

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Persons with Significant Control

Mr Simon Cohen

25–50% shares

British · England · Age 62

30, Old Bailey, London, EC4M 7AU

Notified 06/02/2017

Mr Jan Cohen

25–50% shares

British · United States · Age 57

30, Old Bailey, London, EC4M 7AU

Notified 06/02/2017

Former PSCs

Mr Michael James Stuart

Ceased 06/02/2017

Insolvency History1 case

compulsory liquidation22/01/2025

Michael Pallott (practitioner) · Natasha Brodie (practitioner) · The Official Receiver Or Manchester (practitioner)

CompanyRankvs 15+ SIC 72110 peers
23

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£16k

Balance sheet strength

Cash

£88k

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£89k

Current Liabilities

£151k

Debtors

£558

0avg. employees-1

Balance Sheet

Intangible assets£49k
Assets less current liabilities-£12k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59+£0
20230.59

Derived from filed accounts. Not audited figures.