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Innovate Supply Technologies Limited

12286352

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

MIOC BUILDING LTD, MANCHESTER, M22 5WB
Incorporated 29/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities

Officers

Mr Ian Peter Mcdermott

director · Since 01/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Persons with Significant Control

Transform Innovate Group Ltd

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

Suite 15e Mioc Building, Styal Road, Manchester

Reg: 11896238 · Companies House · Limited Company

Notified 29/10/2019

Mr Ian Peter Mcdermott

25–50% shares

British · England · Age 63

Mioc Building Ltd, Suite 15e, Styal Road, Manchester, M22 5WB

Notified 01/02/2022

CompanyRankvs 6117+ SIC 52290 peers
49

Financial strength79th percentile among SIC peers · 20/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/10/2021

Net Worth

£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£603

Current Liabilities

£24k

1avg. employees

Balance Sheet

Assets less current liabilities£24k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20210.02
2020Infinity

Derived from filed accounts. Not audited figures.