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Iot Solutions Group Ltd

11342213

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

HERSTON CROSS HOUSE, SWANAGE, BH19 2PQ
Incorporated 02/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61200
Wireless telecommunications activities

Officers

Mrs Emma Clare Mahy

director · Since 02/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Mr Neal John Forse

director · Since 29/06/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Mr Kevin John Lyons

secretary · Since 08/01/2021

Persons with Significant Control

Mrs Emma Clare Mahy

25–50% shares
25–50% votes

British · England · Age 59

C/O Expedium Limited, Gable House, 239 Regents Park Road, London, N3 3LF

Notified 02/05/2018

Mr Neal John Forse

25–50% shares
25–50% votes

British · United Kingdom · Age 52

C/O Expedium Limited, Gable House, 239 Regents Park Road, London, N3 3LF

Notified 07/05/2019

Charges1 outstanding

Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 02/08/2022Registered 03/08/2022

CompanyRankvs 2084+ SIC 61200 peers
34

Financial strength2th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.51× · 6/20
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 strength1/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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 31/05/2025

Net Worth

-£979k

Balance sheet strength

Cash

£192k

Cash in the bank

Net Current Assets

-£292k

Working capital

Current Assets

£307k

Current Liabilities

£599k

Fixed Assets

£4k

Debtors

£56k

7avg. employees

Tax at Year End

VAT£96k

Director Loans

Directors owe company£678

Balance Sheet

Assets less current liabilities-£288k
Signed by Mrs Emma Mahy 10/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.51-£464k£1.9M
20241.24-£359k£201k
20231.79£665k

Derived from filed accounts. Not audited figures.