Inovatec (U.K) Ltd
11239288
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/10/2018
DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 5 other boards
Persons with Significant Control
Mr Javed Akhter Raja
British · England · Age 54
Unit 3 116, Broughton Lane, Salford, M7 1UF
Notified 02/10/2018
Former PSCs
Mr Sahabuddin Elyas Patel
Ceased 01/10/2018
CompanyRankvs 49510+ SIC 99999 peers42
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£55k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£48k
Working capital
Current Assets
£75k
Current Liabilities
£123k
Fixed Assets
£4k
Debtors
£55k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.61 | -£9k |
| 2024 | 0.76 | +£12k |
| 2023 | 0.68 | -£10k |
| 2022 | 0.84 | -£36k |
| 2021 | 1.22 | -£29k |
| 2020 | 1.13 | +£9k |
| 2019 | 1.25 | — |
Derived from filed accounts. Not audited figures.