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Innovation Smart Ltd

11394713

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

16 BROADSTONE AVENUE, OLDHAM, OL4 2LG
Incorporated 04/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Nicholas Adam Welden

director · Since 04/06/2018

PAINTER

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Nicholas Adam Welden

75–100% shares

British · England · Age 46

16, Broadstone Avenue, Oldham, OL4 2LG

Notified 04/05/2019

CompanyRankvs 3674+ SIC 43341 peers
60

Financial strength65th percentile among SIC peers · 16/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.43× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees9/15 pts

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

Liquidity12/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£25k

Current Liabilities

£17k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£10k
Signed by Mr Nicholas Welden 24/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.43+£362
20241.36+£1k
20231.32
20220.76
20211.79+£10k
20201.22-£2k
20191.83

Derived from filed accounts. Not audited figures.