H2o Innovation Uk Holding Limited
12232606
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/09/2019
PRESIDENT AND CEO
CANADIAN · CANA · Age 52
Also on 3 other boards
secretary · Since 01/10/2019
director · Since 04/05/2021
VICE PRESIDENT, CORPORATE AND LEGAL AFFA
CANADIAN · CANADA · Age 51
Also on 1 other board
Persons with Significant Control
Ms. Elena Savostianova
American · United States · Age 48
The Glades, Festival Way, Stoke On Trent, ST1 5SQ
Notified 08/12/2023
Former PSCs
Ms Elena Savostianova
Ceased 08/12/2023
H2o Innovation Inc.
Ceased 08/12/2023
Charges1 outstanding
NATIONAL BANK OF CANADA
NATIONAL BANK OF CANADA
NATIONAL BANK OF CANADA
CompanyRankvs 20697+ SIC 64209 peers32
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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.
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
£11.4M
Balance sheet strength
Cash
£1.7M
Cash in the bank
Net Current Assets
-£3.6M
Working capital
Current Assets
£323k
Current Liabilities
£3.9M
Fixed Assets
£2.6M
Debtors
£309k
Profit After Tax
£1.7M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.08 | -£2.7M |
| 2023 | 0.06 | -£1.0M |
| 2022 | 0.01 | -£1.1M |
| 2021 | 0.01 | — |
Derived from filed accounts. Not audited figures.