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Uk Innovations Group Ltd

12410315

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 9 I-WORX, WOOTTON, MK43 9SP
Incorporated 17/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mrs Patricia Merayo Garces

director · Since 17/01/2020

DIRECTOR

SPANISH · UNITED KINGDOM · Age 43

Also on 1 other board

Mr Michael Patrick Mcginley

director · Since 26/09/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mrs Patricia Merayo Garces

25–50% shares
25–50% votes
Appoint directors

Spanish · United Kingdom · Age 43

Unit 9 I-Worx, Innovation Way, Bedfordshire, MK43 9SP

Notified 17/01/2020

Mr Michael Patrick Mcginley

25–50% shares

Scottish · England · Age 44

Unit 9 I-Worx, Innovation Way, Wootton, MK43 9SP

Notified 03/06/2024

Charges2 outstanding

Charge
outstanding

ENTERPRISE LOANS EM MEIF II GP LIMITED (CRN: 15405310)

Created 27/09/2024Registered 04/10/2024
Charge
outstanding

FSE MEIF LP ACTING BY ITS GENERAL PARTNER FSE MEIF GP LTD

Created 05/04/2023Registered 06/04/2023

CompanyRankvs 4478+ SIC 71129 peers
61

Financial strength93th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2024

Net Worth

£333k

Balance sheet strength

Cash

-£16k

Cash in the bank

Net Current Assets

£227k

Working capital

Current Assets

£877k

Current Liabilities

£650k

Fixed Assets

£190k

Debtors

£433k

5avg. employees

Tax at Year End

VAT£30k

Balance Sheet

Assets less current liabilities£416k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.35+£287k£608k
20231.23£168k

Derived from filed accounts. Not audited figures.