Back to search

Tokenovate Limited

14042289

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O PEM SALISBURY HOUSE, CAMBRIDGE, CB1 2LA
Incorporated 12/04/2022

Compliance

Last accounts

31/12/2025

small

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 07/12/2025

Due 21/12/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Richard James Baker

director · Since 12/04/2022

DIRECTOR

IRISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Gerard Francis Banaszkiewicz

director · Since 12/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Peter Goodall

director · Since 31/08/2022

DIRECTOR

BRITISH,BERMUDIAN,IRISH · BERMUDA · Age 47

Mr Brendan Joseph Bradley

director · Since 29/11/2023

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Mr Alain Muenger

director · Since 29/11/2023

ACCOUNTANT

SWISS · SWITZERLAND · Age 44

Persons with Significant Control

Former PSCs

Mr Richard James Baker

Ceased 07/12/2022

Mr Gerard Francis Banaszkiewicz

Ceased 07/12/2022

Ilya Fund Ltd

Ceased 31/08/2022

Charges1 outstanding

Charge
outstanding

INDIGO IP HOLDINGS LTD

Created 27/02/2025Registered 28/02/2025

CompanyRankvs 45119+ SIC 62090 peers
30

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees15/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£3.6M

Balance sheet strength

Cash

£3.4M

Cash in the bank

Net Current Assets

-£3.7M

Working capital

Current Assets

£4.7M

Current Liabilities

£8.4M

Fixed Assets

£48k

Debtors

£1.3M

20avg. employees+5

Balance Sheet

Intangible assets£23k
Assets less current liabilities-£3.6M
Signed by Mr Gerard Francis Banaszkiewicz 31 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£4.3M
20247.62-£4.8M
202318.26+£4.3M
202227.06

Derived from filed accounts. Not audited figures.