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Innovationworks Consulting Ltd

09640662

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2ND FLOOR, LONDON, E2 6AH
Incorporated 16/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Imran Waris Akram

director · Since 16/06/2015

DIRECTOR

BRITISH · ENGLAND · Age 41

Mrs Sabina Hashmi Akram

director · Since 11/06/2019

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Imran Waris Akram

25–50% shares
25–50% votes

British · England · Age 41

2nd Floor, 277-279 Bethnal Green Road, London, E2 6AH

Notified 06/04/2017

Mrs Sabina Hashmi Akram

25–50% shares
25–50% votes

British · England · Age 40

2nd Floor, 277-279 Bethnal Green Road, London, E2 6AH

Notified 09/02/2022

CompanyRankvs 7996+ SIC 70229 peers
80

Financial strength90th percentile among SIC peers · 23/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.57× · 20/20
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 strength23/25 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.

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.

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 30/04/2025

Net Worth

£126k

Balance sheet strength

Cash

£166k

Cash in the bank

Net Current Assets

£119k

Working capital

Current Assets

£166k

Current Liabilities

£46k

Fixed Assets

£7k

2avg. employees

Tax at Year End(2021)

VAT£17k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.57+£12k
20241.93-£38k
20232.24+£26k
2022+£81k
20211.58£342k

Derived from filed accounts. Not audited figures.