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The Innovation Hut Limited

13538254

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

PENHALVEOR EAST, REDRUTH, TR16 6NL
Incorporated 29/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Dean Andrew Payne

director · Since 29/07/2021

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 57

Also on 7 other boards

Mrs Jennifer Payne

secretary · Since 01/02/2023

Persons with Significant Control

Mr Dean Andrew Payne

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

English · England · Age 57

Penhalveor East, Penhalveor, Redruth, TR16 6NL

Notified 29/07/2021

Former PSCs

Mrs Jennifer Payne

Ceased 28/07/2025

CompanyRankvs 43393+ SIC 70229 peers
67

Financial strength85th percentile among SIC peers · 21/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.04× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees6/15 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.

Longevity5/15 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 31/07/2025

Net Worth

£67k

Balance sheet strength

Cash

£97k

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£97k

Current Liabilities

£32k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£68k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.04+£0
20253.04+£21k
20243.97+£29k
20234.28

Derived from filed accounts. Not audited figures.