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Massive Innovation Limited

09405951

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

26 HILLFIELD PARK, LONDON, N21 3QH
Incorporated 26/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
70229
Management consultancy activities

Officers

Dr George John Frangou

director · Since 26/01/2015

SOFTWARE CONSULTANT

BRITISH · ENGLAND · Age 68

Also on 10 other boards

Persons with Significant Control

Dr George John Frangou

75–100% shares
75–100% votes

British · England · Age 68

51, Prince George Avenue, London, N14 4TL

Notified 06/04/2016

CompanyRankvs 37204+ SIC 62020 peers
61

Financial strength49th percentile among SIC peers · 12/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees11/15 pts

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

Liquidity12/20 pts

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

Longevity11/15 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 31/12/2021

Net Worth

£2k

Balance sheet strength

Cash

£23

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£120k

Current Liabilities

£101k

Debtors

£120k

2avg. employees

Balance Sheet

Bank loans & overdrafts£17k
Assets less current liabilities£20k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20211.20
20201.37
20191.06-£2k
20181.21

Derived from filed accounts. Not audited figures.