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Innovative Business Ltd

09966103

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

19 HOLDEN CLOSE, BRAINTREE, CM7 3BU
Incorporated 22/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46510
Wholesale of computers, computer peripheral equipment and software
46660
Wholesale of other office machinery and equipment
47910
Retail sale via mail order houses or via Internet

Officers

Mrs Ashmal Naveed

secretary · Since 14/11/2016

Mr Muhammad Naveed Zahid

director · Since 14/11/2016

MANAGING DIRECTOR

PAKISTANI · ENGLAND · Age 42

Persons with Significant Control

Mr Muhammad Naveed Zahid

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

Pakistani · England · Age 42

19, Holden Close, Braintree, CM7 3BU

Notified 14/11/2016

CompanyRankvs 1745+ SIC 46510 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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1745Innovative Business Ltd
38
How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 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.

Longevity10/15 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 31/01/2025

Net Worth

-£56k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£23k

Current Liabilities

£20k

Fixed Assets

£296

Director Loans(2021)

Company owes directors£17k

Balance Sheet

Assets less current liabilities£3k
Signed by Mr Muhammad Naveed Zahid 28/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.12-£27k
20241.04-£11k
20232.17+£392
20223.25+£8k
20219.36—

Derived from filed accounts. Not audited figures.