Innovate Recycle Ltd
11154918
Healthy
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 10/04/2026
Due 24/04/2027
Industry
Officers
director · Since 17/01/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 37
director · Since 27/08/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 2 other boards
director · Since 27/08/2020
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 5 other boards
Persons with Significant Control
Mr Joseph William Eccleston
British · United Kingdom · Age 37
Unit 2, Lodge Way, Northampton, NN5 7US
Notified 17/01/2018
Charges2 outstanding
ROBERT WOODS
FINSTOCK CAPITAL LIMITED
ROCKING HORSE SOLUTIONS UK LIMITED
ROCKING HORSE SOLUTIONS UK LIMITED
CompanyRankvs 1472+ SIC 22290 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 31/12/2024
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.35 | -£1.8M |
| 2022 | 1.36 | +£179k |
| 2021 | 3.78 | +£3.0M |
| 2020 | 1.14 | +£67k |
| 2019 | 0.05 | -£26k |
| 2019 | 0.00 | — |
Derived from filed accounts. Not audited figures.