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Destinations Innovation Ltd

14246695

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE UNION BUILDING 51-59, NORWICH, NR1 1BY
Incorporated 20/07/2022

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 19/07/2025

Due 02/08/2026

On track

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Florian Blois

director · Since 20/07/2022

COMPANY DIRECTOR

FRENCH · SPAIN · Age 34

Mr Alexander Reuben Bodikian

director · Since 20/07/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Florian Blois

25–50% shares
25–50% votes

French · Spain · Age 34

The Union Building 51-59, Rose Lane, Norwich, NR1 1BY

Notified 20/07/2022

Mr Alexander Reuben Bodikian

25–50% shares
25–50% votes

British · United Kingdom · Age 48

The Union Building 51-59, Rose Lane, Norwich, NR1 1BY

Notified 20/07/2022

CompanyRankvs 22076+ SIC 71122 peers
28

Financial strength5th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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22076Destinations Innovation Ltd
23
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£17k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£28k

Current Liabilities

£45k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.62

Derived from filed accounts. Not audited figures.