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Innovus Engineering Ltd

11641554

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O BEGBIES TRAYNOR 2ND FLOOR ENDEAVOUR HOUSE 3 MERDIANS CROSS, SOUTHAMPTON, SO14 3TJ
Incorporated 25/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Matthew Thomas Day

director · Since 25/10/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 3 other boards

Persons with Significant Control

Mr Matthew Thomas Day

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 34

C/O Begbies Traynor 2nd Floor Endeavour House, 3 Merdians Cross, Southampton, SO14 3TJ

Notified 25/10/2018

Charges1 outstanding

Charge
outstanding

ASKIF FUNDING (SERIES 2019-1) LTD

Created 29/04/2021Registered 29/04/2021

CompanyRankvs 15+ SIC 71121 peers
29

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.89× · 16/20
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 strength0/25 pts

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

Employees0/15 pts

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

Liquidity16/20 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 31/10/2021

Net Worth

£62k

Balance sheet strength

Cash

£100k

Cash in the bank

Net Current Assets

£201k

Working capital

Current Assets

£428k

Current Liabilities

£227k

Fixed Assets

£29k

Debtors

£74k

4avg. employees-1

Balance Sheet

Assets less current liabilities£231k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20211.89+£14k
20201.39+£22k
20191.13

Derived from filed accounts. Not audited figures.