Innovate Live Ltd
11742218
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Kai Brittain
British · United Kingdom · Age 34
96, First Avenue, Lancing, BN15 9QF
Notified 29/08/2025
Former PSCs
Mr Kai Brittain
Ceased 28/05/2024
Mr Jake Medler
Ceased 12/11/2023
Arcstream Systems Ltd.
Ceased 29/08/2025
CompanyRankvs 2027+ SIC 60200 peers42
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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 31/12/2024
Net Worth
-£14k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£13k
Working capital
Current Assets
£46k
Current Liabilities
£33k
Fixed Assets
£26k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.41 | -£34k |
| 2023 | 2.90 | +£19k |
| 2022 | 0.76 | -£214k |
| 2021 | 2.37 | +£153k |
| 2020 | 1.77 | +£47k |
| 2019 | 2.10 | — |
Derived from filed accounts. Not audited figures.