Hg Innovations Ltd
12059330
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/06/2019
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
Persons with Significant Control
Mr Muhammad Sajjad Ashraf
British · England · Age 46
27, Old Gloucester Street, London, WC1N 3AX
Notified 19/06/2019
CompanyRankvs 1049+ SIC 32500 peers46
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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 30/06/2025
Net Worth
-£331k
Balance sheet strength
Cash
£121k
Cash in the bank
Net Current Assets
£117k
Working capital
Current Assets
£877k
Current Liabilities
£760k
Fixed Assets
£19k
Debtors
£19k
Tax at Year End(2024)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.15 | -£101k |
| 2024 | 1.48 | -£212k |
| 2023 | 3.13 | — |
Derived from filed accounts. Not audited figures.