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Innovate Properties Limited

09680648

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

Details

166B ALCESTER ROAD, BIRMINGHAM, B13 8HS
Incorporated 10/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Keith Forsyth

director · Since 09/01/2023

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Mr Keith Forsyth

75–100% shares

British · United Kingdom · Age 60

166b, Alcester Road, Birmingham, B13 8HS

Notified 19/11/2023

Former PSCs

Mr Keith Forsyth

Ceased 16/08/2020

Ms Salma Naz Ishaq

Ceased 31/07/2021

Mr Asif Ishaq

Ceased 01/03/2022

Miss Salma Naz Ishaq

Ceased 19/12/2023

Charges0 outstanding

Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 13/12/2019Registered 13/12/2019Satisfied 21/07/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 13/12/2019Registered 13/12/2019Satisfied 21/07/2023
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 05/02/2019Registered 06/02/2019Satisfied 21/07/2023
Charge
satisfied

AMICUS FINANCE PLC

Created 03/05/2018Registered 03/05/2018Satisfied 13/12/2019
Charge
satisfied

AMICUS FINANCE PLC

Created 27/04/2016Registered 27/04/2016Satisfied 05/05/2017

CompanyRankvs 24004+ SIC 41202 peers
57

Financial strength95th percentile among SIC peers · 24/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.11× · 2/20
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 strength24/25 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.

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 31/07/2023

Net Worth

£405k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£362k

Working capital

Current Assets

£46k

Current Liabilities

£409k

Fixed Assets

£18k

1avg. employees-1

Balance Sheet

Assets less current liabilities£344k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20230.11+£754k
2022-2.45-£280k
20210.37-£110k
20206.99+£26k
20191.11-£9k
20181.14

Derived from filed accounts. Not audited figures.