Innovation Bars Ltd
11676909
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/11/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 50
Also on 17 other boards
director · Since 14/11/2018
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 5 other boards
Persons with Significant Control
Mr Daniel Fletcher
British · United Kingdom · Age 50
Unit C11, Tweedale Industrial Estate, Telford, TF7 4JR
Notified 14/11/2018
CompanyRankvs 114661+ SIC 68209 peers51
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/11/2024
Net Worth
£2k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
£11k
Working capital
Current Assets
£34k
Current Liabilities
£23k
Debtors
£32k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.49 | — |
| 2023 | 1.87 | — |
| 2022 | 1.88 | — |
| 2021 | 1.40 | +£980 |
| 2020 | 6.17 | +£4k |
| 2019 | 15.70 | — |
Derived from filed accounts. Not audited figures.