Innovate Properties Limited
09680648
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/01/2023
COMMERCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 1 other board
Persons with Significant Control
Mr Keith Forsyth
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
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CompanyRankvs 24004+ SIC 41202 peers57
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.11 | +£754k |
| 2022 | -2.45 | -£280k |
| 2021 | 0.37 | -£110k |
| 2020 | 6.99 | +£26k |
| 2019 | 1.11 | -£9k |
| 2018 | 1.14 | — |
Derived from filed accounts. Not audited figures.