Innovate Medica Ltd
13302012
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/03/2021
SURGEON
BRITISH · UNITED KINGDOM · Age 40
Also on 1 other board
director · Since 01/11/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 40
Also on 1 other board
Persons with Significant Control
Mr Arman Memarzadeh
British · United Kingdom · Age 40
12, Northfields Prospect, London, SW18 1PE
Notified 30/03/2021
CompanyRankvs 3271+ SIC 69109 peers52
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£100
Balance sheet strength
Cash
£38k
Cash in the bank
Net Current Assets
£121k
Working capital
Current Assets
£162k
Current Liabilities
£41k
Fixed Assets
£37k
Debtors
£124k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.99 | — |
| 2024 | 2.96 | +£85k |
| 2023 | 0.72 | — |
Derived from filed accounts. Not audited figures.