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Innovagen Limited

10931005

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR, ST GEORGE'S HOUSE, CHELTENHAM, GL50 3LG
Incorporated 24/08/2017

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

38210
Treatment and disposal of non-hazardous waste
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Robin Piers Dummett

director · Since 24/08/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 29 other boards

Mr Andrew Charles Kaye

director · Since 24/08/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 30 other boards

Mr Trevor Leonard Poole

director · Since 24/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Mr Mark Frederick Johnson

director · Since 01/08/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Persons with Significant Control

Innova Capital Limited

75–100% shares
75–100% votes
Appoint directors

3rd Floor, St Georges House, Cheltenham, GL50 3LG

Reg: 09697757 · Companies House · Company Limited By Shares

Notified 12/06/2019

Former PSCs

Andrew Charles Kaye

Ceased 19/06/2019

Robin Piers Dummett

Ceased 12/06/2019

CompanyRankvs 953+ SIC 38210 peers
36

Financial strength30th percentile among SIC peers · 8/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength8/25 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.

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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£33k

Cash in the bank

Profit Before Tax

-£1.2M

Bottom line earnings

Net Current Assets

-£4.3M

Working capital

Current Assets

£200k

Current Liabilities

£4.5M

Fixed Assets

£67k

Debtors

£167k

Cost of Sales

£706k

Admin Expenses

£247k

Profit After Tax

-£1.1M

7avg. employees+1

People Costs

Wages & salaries£379k

Balance Sheet

Assets less current liabilities-£4.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.04
20230.05

Derived from filed accounts. Not audited figures.