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Turning Inov8 Ltd

11529578

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

32 SHERWOOD AVENUE, LONDON, E18 1PB
Incorporated 21/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
62012
Business and domestic software development

Officers

Mr Feroz Hussain Mansoor

director · Since 21/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Ms Rubina Khan

director · Since 01/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Feroz Hussain Mansoor

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

British · England · Age 51

32, Sherwood Avenue, London, E18 1PB

Notified 21/08/2018

Ms Rubina Khan

25–50% shares

British · England · Age 51

32, Sherwood Avenue, London, E18 1PB

Notified 10/10/2022

CompanyRankvs 80862+ SIC 47910 peers
29

Financial strength2th percentile among SIC peers · 1/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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28
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.

Employees3/15 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£130k

Balance sheet strength

Cash

£577

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£11k

Current Liabilities

£30k

Fixed Assets

£13k

Debtors

£833

Profit After Tax

-£2k

0avg. employees-1

Tax at Year End(2021)

Corp tax£2k

Balance Sheet

Assets less current liabilities-£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38-£30k
20231.18-£72k
20221.48-£38k
20212.27+£15k
202031.78—

Derived from filed accounts. Not audited figures.