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Innovationnw Ltd

12603301

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2 CRANBERRY FOLD COURT, DARWEN, BB3 2HX
Incorporated 14/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mrs Katie Mares

director · Since 21/08/2020

EDUCATOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Mr John James Mares

director · Since 30/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Mrs Katie Mares

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

British · England · Age 47

2, Cranberry Fold Court, Darwen, BB3 2HX

Notified 14/05/2020

Mr John James Mares

25–50% shares
25–50% votes

British · England · Age 48

2, Cranberry Fold Court, Darwen, BB3 2HX

Notified 30/01/2025

Former PSCs

Mr John James Mares

Ceased 21/08/2020

Mr Daniel Wayne Barnes

Ceased 01/09/2020

Mrs Katie Mares

Ceased 25/09/2023

CompanyRankvs 207740+ SIC 43220 peers
51

Financial strength45th percentile among SIC peers · 11/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees13/15 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.

Longevity6/15 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 31/05/2025

Net Worth

£2k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£36k

Current Liabilities

£46k

Fixed Assets

£14k

Debtors

£16k

4avg. employees+1

Balance Sheet

Assets less current liabilities£3k
Signed by Mrs K Mares Mr J J Mares 7 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.77
20240.77
20230.91
20220.41
20210.20

Derived from filed accounts. Not audited figures.