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Innovate Aluminium Systems Limited

13580061

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

38 DE MONTFORT STREET, LEICESTER, LE1 7GS
Incorporated 23/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25120
Manufacture of doors and windows of metal
43342
Glazing
43390
Other building completion and finishing

Officers

Mr Ashok Vikam Odedra

director · Since 23/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Mr Vimal Odedra

director · Since 23/08/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Ashok Vikam Odedra

Significant control

British · England · Age 62

1, Glenmore Road, Leicester, LE4 9GE

Notified 23/08/2021

Mr Vimal Odedra

Significant control

British · United Kingdom · Age 48

39, Bottle Arce Lane, Leicestershire, LE11 1JE

Notified 23/08/2021

CompanyRankvs 15+ SIC 25120 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.63× · 6/20
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 strength0/25 pts

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

Employees0/15 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.

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 31/08/2023

Net Worth

-£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£94k

Current Liabilities

£151k

Fixed Assets

£15k

3avg. employees

Balance Sheet

Assets less current liabilities-£16k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20230.63-£21k
20221.06

Derived from filed accounts. Not audited figures.