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Innovating Futures Ltd

10835431

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

34 HYDE ABBEY ROAD, WINCHESTER, SO23 7DA
Incorporated 26/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
71122
Engineering related scientific and technical consulting activities
82990
Other business support service activities

Officers

Mr Michael Turpin

director · Since 26/06/2017

CONSULTANT

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Michael Turpin

75–100% shares

British · England · Age 37

29, Foundry Lane, Southampton, SO15 3FX

Notified 26/06/2017

CompanyRankvs 75836+ SIC 62020 peers
46

Financial strength18th percentile among SIC peers · 5/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 30/06/2025

Net Worth

£1

Balance sheet strength

Cash

£67k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£79k

Current Liabilities

£81k

Fixed Assets

£97k

Debtors

£12k

2avg. employees

Tax at Year End(2018)

Corp tax£10k

Balance Sheet

Assets less current liabilities£95k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97
20250.97
20240.92
20230.36+£6k
20220.17+£4k
20212.09+£29k
20201.11-£31k
20192.79
20181.98

Derived from filed accounts. Not audited figures.