Beta Bugs Limited
11000463
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/10/2023
DIRECTOR
BRITISH · ENGLAND · Age 72
Also on 9 other boards
director · Since 05/10/2023
DIRECTOR
BRITISH · SCOTLAND · Age 64
Also on 2 other boards
director · Since 03/06/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 7 other boards
Persons with Significant Control
Scottish Enterprise
Atrium Court, Waterloo Street, Glasgow, G2 6HQ
Notified 19/12/2025
Former PSCs
Mr Meurig Freeman
Ceased 29/01/2018
Dr Thomas Farrugia
Ceased 19/12/2025
Charges1 outstanding
INNOVATE UK LOANS LIMITED
CompanyRankvs 14490+ SIC 72110 peers49
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2021
Net Worth
£1
Balance sheet strength
Cash
£444k
Cash in the bank
Net Current Assets
£261k
Working capital
Current Assets
£561k
Current Liabilities
£299k
Fixed Assets
£94k
Debtors
£117k
Profit After Tax
£38k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 1.87 |
| 2019 | 0.99 |
Derived from filed accounts. Not audited figures.