Teams Innovage Limited
14123936
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 14/12/2025
Due 28/12/2026
Industry
Officers
Mrs Fen Wang
director · Since 23/05/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Persons with Significant Control
Mrs Fen Wang
British · United Kingdom · Age 44
K51, Third Avenue, Gateshead, NE11 0PR
Notified 23/05/2022
Change History
Active
Private Limited Company
I K HOUSE QUEENSWAY NORTH
GATESHEAD
CompanyRankvs 10450+ SIC 47190 peers48
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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 31/05/2025
Net Worth
£36k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£15k
Working capital
Current Assets
£15k
Current Liabilities
£520k
Fixed Assets
£470k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.03 | +£23k |
| 2024 | 0.02 | +£2k |
| 2023 | 0.21 | — |
Derived from filed accounts. Not audited figures.