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Somiar Innovation Ltd

11009363

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

137 VICTORIA ROAD, RUISLIP, HA4 9BW
Incorporated 12/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology
72190
Other research and experimental development on natural sciences and engineering
74909
Other professional, scientific and technical activities

Officers

Mr Nirmesh Patel

director · Since 12/10/2017

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Mr Nirmesh Patel

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

British · United Kingdom · Age 35

137, Victoria Road, Ruislip, HA4 9BW

Notified 12/10/2017

CompanyRankvs 590+ SIC 72110 peers
71

Financial strength78th percentile among SIC peers · 20/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.92× · 20/20
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 strength20/25 pts

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

Employees7/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£82k

Balance sheet strength

Cash

£52k

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£53k

Current Liabilities

£11k

Fixed Assets

£40k

Debtors

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£82k
Signed by Mr Nirmesh Patel 26/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.92+£21k
2023Infinity-£2k
2022Infinity-£56k
2021Infinity+£113k
2020145.36-£281
20195.55-£1k
2018Infinity

Derived from filed accounts. Not audited figures.