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Innova Renewables Limited

12092691

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

3RD FLOOR, ST GEORGE'S HOUSE, CHELTENHAM, GL50 3LG
Incorporated 09/07/2019

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/07/2025

Due 22/07/2026

On track

Industry

35110
Production of electricity

Officers

Mr Robin Piers Dummett

director · Since 09/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 29 other boards

Mr Andrew Charles Kaye

director · Since 09/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 30 other boards

Mr Christoph Waltenspul

director · Since 28/09/2020

INVESTMENT MANAGER

SWISS · ENGLAND · Age 67

Also on 3 other boards

Mr Ryan Louis Adams

director · Since 05/09/2023

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 90 other boards

Mr Daniel Jacob Mushin

director · Since 26/09/2024

INVESTMENT DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 26 other boards

Persons with Significant Control

Innova Capital Limited

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

3rd Floor, St George's House, 13-14 Ambrose Street, Cheltenham, GL50 3LG

Reg: 09697757 · Uk Register Of Companies · Private Company Limited By Shares

Notified 09/07/2019

Charges1 outstanding

Charge
outstanding

SECURED FIXED INCOME PLC

Created 19/06/2025Registered 30/06/2025
Charge
satisfied

TP LEASING LIMITED

Created 04/02/2025Registered 18/02/2025Satisfied 07/07/2025
Charge
satisfied

TP LEASING LIMITED

Created 09/11/2023Registered 09/11/2023Satisfied 07/07/2025
Charge
satisfied

INNOVA FUNDING LLP

Created 14/10/2022Registered 17/10/2022Satisfied 22/03/2023
Charge
satisfied

INNOVA FUNDING LLP

Created 10/02/2021Registered 12/02/2021Satisfied 28/06/2022
Charge
satisfied

INNOVA FUNDING LLP (OC433819)

Created 23/12/2020Registered 06/01/2021Satisfied 03/08/2021
Charge
satisfied

INNOVA FUNDING LLP

Created 09/12/2020Registered 11/12/2020Satisfied 11/09/2023

CompanyRankvs 2390+ SIC 35110 peers
28

Financial strength21th percentile among SIC peers · 5/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees15/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£0

Balance sheet strength

Cash

£263k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£28.3M

Current Liabilities

£54.8M

Fixed Assets

£26.9M

Debtors

£27.3M

Cost of Sales

£580k

Admin Expenses

£21.9M

Profit After Tax

-£20.4M

92avg. employees+19

Tax at Year End

Corp tax£106k

People Costs

Wages & salaries£10.0M

Balance Sheet

Intangible assets£18.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.52
20230.46
20190.47

Derived from filed accounts. Not audited figures.