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Innovative Solutions Group Limited

13947730

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)
  • Going concern doubt noted in accounts (-10)

Details

INNOVATIVE HOUSE, LETCHWORTH GARDEN CITY, SG6 2WW
Incorporated 01/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Ms Kathryn Shaw Bsc (Hons) Msc

director · Since 01/03/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mr David Watkins

director · Since 01/03/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr David Watkins

25–50% shares
25–50% votes

British · England · Age 56

3rd Floor, Marlborough House, Finchley, N3 2SZ

Notified 01/03/2022

Ms Kathryn Shaw

25–50% shares
25–50% votes

British · England · Age 55

3rd Floor, Marlborough House, Finchley, N3 2SZ

Notified 01/03/2022

CompanyRankvs 13989+ SIC 64209 peers
48

Financial strength46th percentile among SIC peers · 12/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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13989Innovative Solutions Group Limited
58
How is this score calculated?
Financial strength12/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/05/2023

Net Worth

£120

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.8M

Fixed Assets

£225

Debtors

£469k

Profit After Tax

-£77k

81avg. employees

Tax at Year End

Corp tax£71
Dividends paid£439k

Balance Sheet

Assets less current liabilities£62k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.03

Derived from filed accounts. Not audited figures.