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Innovation Technology Capital Limited

10480205

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

REEDHAM HOUSE, MANCHESTER, M3 2PJ
Incorporated 15/11/2016

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

24/08/2026

On track

Confirmation statement

Last: 14/11/2025

Due 28/11/2026

On track

Industry

64303
Activities of venture and development capital companies

Officers

Mr John Thomas Kennedy

director · Since 15/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 88

Mr Simon Peter Kennedy

director · Since 20/02/2017

DIRECTOR

IRISH · ENGLAND · Age 57

Also on 4 other boards

Persons with Significant Control

Mr John Thomas Kennedy

25–50% shares
25–50% votes

British · England · Age 88

Reedham House, 31 King Street West, Manchester, M3 2PJ

Notified 15/11/2016

Mr Simon Peter Kennedy

50–75% shares
50–75% votes
Appoint directors

Irish · England · Age 57

Reedham House, 31 King Street West, Manchester, M3 2PJ

Notified 17/09/2018

Charges1 outstanding

Charge
outstanding

PRAETURA INVOICE FINANCE LIMITED

Created 14/11/2024Registered 18/11/2024

CompanyRankvs 1699+ SIC 64303 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees12/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£5.6M

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£6.9M

Working capital

Current Assets

£4.5M

Current Liabilities

£11.4M

Fixed Assets

£1.2M

Debtors

£4.5M

Profit After Tax

-£4.6M

2avg. employees

Balance Sheet

Assets less current liabilities-£5.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40+£0
20240.40-£5.4M
20230.75-£199k
20220.73-£248k
20210.68+£387k
20200.60-£717k
20190.74+£559k
20180.23

Derived from filed accounts. Not audited figures.