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Worx Innovation Limited

11577267

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

5 DUNCAN CLOSE, NORTHAMPTON, NN3 6WL
Incorporated 19/09/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/07/2025

Due 10/08/2026

On track

Industry

41100
Development of building projects

Officers

Mr Richard Douglas Urquhart

director · Since 19/09/2018

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 45

Also on 5 other boards

Persons with Significant Control

Mr Richard Douglas Urquhart

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

English · England · Age 45

Wycombe House, Rothwell Rd, Desborough, NN14 2NT

Notified 19/09/2018

Former PSCs

Mr Luke Paul Rycraft

Ceased 27/09/2021

Mr Daniel Harry Rooke

Ceased 27/09/2021

CompanyRankvs 26495+ SIC 41100 peers
59

Financial strength37th percentile among SIC peers · 9/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 8.05× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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26495Worx Innovation Limited
58
How is this score calculated?
Financial strength9/25 pts

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

Employees7/15 pts

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

Liquidity20/20 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 31/12/2025

Net Worth

£100

Balance sheet strength

Cash

£287k

Cash in the bank

Net Current Assets

£252k

Working capital

Current Assets

£287k

Current Liabilities

£36k

Debtors

£100

1avg. employees

Balance Sheet

Intangible assets£9k
Assets less current liabilities£260k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20258.05
202410.85
202312.85

Derived from filed accounts. Not audited figures.