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Innovate Pharmaceuticals Limited

09209053

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

CompanyRankvs 15+ SIC 72110 peers
33

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
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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.

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+£118k
20220.02-£37k
2021-£69k
2020-£51k
20190.01-£1k
20180.00

Derived from filed accounts. Not audited figures.