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Innovate Recycle Ltd

11154918

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 2 LODGE WAY, NORTHAMPTON, NN5 7US
Incorporated 17/01/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/04/2026

Due 24/04/2027

On track

Industry

22290
Manufacture of other plastic products
38320
Recovery of sorted materials

Officers

Mr Joseph William Eccleston

director · Since 17/01/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Mr Timothy William Bagshaw

director · Since 27/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Mr Philip Anthony Sayers

director · Since 27/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 5 other boards

Mr Robert Woods

director · Since 27/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 5 other boards

Mr Edmund Anthony Bacon

director · Since 22/02/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Nigel Blenkinsop

director · Since 14/05/2026

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Andrew Peter Murphy

director · Since 14/05/2026

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Joseph William Eccleston

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

British · United Kingdom · Age 37

Unit 2, Lodge Way, Northampton, NN5 7US

Notified 17/01/2018

Charges2 outstanding

Charge
outstanding

ROBERT WOODS

Created 28/02/2025Registered 03/03/2025
Charge
satisfied

FINSTOCK CAPITAL LIMITED

Created 20/08/2024Registered 20/08/2024Satisfied 26/09/2024
Charge
outstanding

ROCKING HORSE SOLUTIONS UK LIMITED

Created 28/09/2023Registered 28/09/2023
Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 25/10/2022Registered 28/10/2022Satisfied 01/09/2023

CompanyRankvs 1472+ SIC 22290 peers
49

Financial strength87th percentile among SIC peers · 22/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Longevity8/15 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 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£173k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£815k

Current Liabilities

£2.3M

Fixed Assets

£5.4M

Debtors

£642k

Profit After Tax

-£1.3M

13avg. employees+5

Balance Sheet

Intangible assets£5.0M
Assets less current liabilities£3.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.35-£1.8M
20221.36+£179k
20213.78+£3.0M
20201.14+£67k
20190.05-£26k
20190.00

Derived from filed accounts. Not audited figures.