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Innovate Interiors Ltd

12891120

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

50 HOYLAND ROAD, BARNSLEY, S74 0PB
Incorporated 21/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Shane Jones

director · Since 21/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Martin Wayne Mcardle

director · Since 28/05/2021

PLUMBER

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr David Brian Cawthorne

director · Since 29/08/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Shane Jones

25–50% shares
25–50% votes

British · England · Age 40

50, Hoyland Road, Barnsley, S74 0PB

Notified 21/09/2020

Mr Martin Wayne Mcardle

25–50% shares

British · England · Age 44

50, Hoyland Road, Barnsley, S74 0PB

Notified 01/06/2021

Former PSCs

Stephen Paul Harris

Ceased 14/06/2024

CompanyRankvs 2375+ SIC 43390 peers
81

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.46× · 20/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 30/09/2024

Net Worth

£955k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£862k

Working capital

Current Assets

£1.5M

Current Liabilities

£591k

Fixed Assets

£156k

Debtors

£1.4M

12avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.46-£53k
20232.60+£745k
20221.39+£168k
20211.46—

Derived from filed accounts. Not audited figures.