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Innovation Performance Technologies Ltd

14376558

active
Private Limited Company
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)
  • Going concern doubt noted in accounts (-10)

Details

BUILDING 18 GATEWAY 1000 WHITTLE WAY, STEVENAGE, SG1 2FP
Incorporated 26/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85510
Sports and recreation education
93199
Other amusement and recreation activities

Officers

Mr Luke David Chamberlain

director · Since 26/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 6 other boards

Mr Clayton Chamberlain

director · Since 24/04/2024

DIRECTOR

BRITISH · WALES · Age 45

Mr Malcolm John Pape

director · Since 09/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 41 other boards

Persons with Significant Control

Mr Clayton Chamberlain

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 45

Building 18 Gateway 1000, Whittle Way, Stevenage, SG1 2FP

Notified 26/09/2022

Mr Luke David Chamberlain

25–50% shares
25–50% votes
Appoint directors

British · England · Age 41

Building 18 Gateway 1000, Whittle Way, Stevenage, SG1 2FP

Notified 26/09/2022

Mr Nicholas Timms

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

Building 18 Gateway 1000, Whittle Way, Stevenage, SG1 2FP

Notified 26/09/2022

CompanyRankvs 5500+ SIC 85510 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 7.48× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Liquidity20/20 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

cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). Going Concern Disclosure The directors have not identified any material uncertainities related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/09/2024

Net Worth

-£47k

Balance sheet strength

Cash

£158k

Cash in the bank

Net Current Assets

£145k

Working capital

Current Assets

£168k

Current Liabilities

£22k

Fixed Assets

£3k

Debtors

£10k

0avg. employees

Balance Sheet

Bank loans & overdrafts£195k
Assets less current liabilities£148k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20247.48
20230.90

Derived from filed accounts. Not audited figures.