Innovation Media Ltd
09730787
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Andrew Fassnidge
Irish · Portugal · Age 46
20-22, Wenlock Road, London, N1 7GU
Notified 07/04/2016
CompanyRankvs 300+ SIC 63120 peers72
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern. Theses financial statements have therefore been prepared on a going concern basis. 3. EMPLOYEES AND DIRECTORS The average number of employees during the year was 2 (2024 - 2 ) . Page 5 INNOVATION MEDIA LTD (REGISTERED NUMBER: 09730787) Notes to the Financial Statements - con
Key FinancialsYear ending 31/03/2025
Net Worth
£248k
Balance sheet strength
Cash
£217k
Cash in the bank
Net Current Assets
£213k
Working capital
Current Assets
£308k
Current Liabilities
£95k
Fixed Assets
£40k
Debtors
£90k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.25 | +£68k |
| 2024 | 3.79 | -£85k |
| 2023 | 2.28 | — |
| 2022 | 1.16 | — |
| 2021 | 1.27 | -£20k |
| 2020 | 0.26 | — |
| 2019 | -1.07 | — |
| 2018 | -1.02 | — |
Derived from filed accounts. Not audited figures.