Invenics Services Ltd
12533177
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 25/03/2020
director · Since 25/03/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 4 other boards
Persons with Significant Control
Krishnan Kumar
British · United Kingdom · Age 49
Orion House, Bessemer Road, Welwyn Garden City, AL7 1HH
Notified 25/03/2020
Former PSCs
Mr Suresh Babu Krishnan
Ceased 05/08/2024
Charges1 outstanding
SONOVATE LIMITED
INVENICS LTD (IN ADMINISTRATION) (CRN: 11052310)
CompanyRankvs 82978+ SIC 62020 peers22
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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
for a period of 12 months from the date of signing these financial statements. Thus the director therefore concludes that the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
-£213k
Balance sheet strength
Cash
£18k
Cash in the bank
Net Current Assets
-£256k
Working capital
Current Assets
£436k
Current Liabilities
£693k
Fixed Assets
£146k
Debtors
£418k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.63 | -£195k |
| 2024 | 0.69 | -£20k |
| 2023 | 1.02 | -£8k |
| 2022 | 1.14 | +£8k |
| 2021 | 1.05 | — |
Derived from filed accounts. Not audited figures.