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Innovation Explorer Ltd

14401571

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

BARROWDEN, HEXHAM, NE46 3JN
Incorporated 06/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85600
Educational support services

Officers

Mr Christopher Payne

director · Since 06/10/2022

CONSULTANT

BRITISH · UNITED KINGDOM · Age 62

Also on 14 other boards

Persons with Significant Control

Mr Christopher Payne

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 62

Barrowden, Osborne Avenue, Hexham, NE46 3JN

Notified 06/10/2022

CompanyRankvs 5448+ SIC 85600 peers
65

Financial strength77th percentile among SIC peers · 19/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 11.59× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£11k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£11k

Current Liabilities

£952

Fixed Assets

£626

Debtors

£900

1avg. employees

Balance Sheet

Assets less current liabilities£11k
Signed by Mr Christopher Payne 17/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202511.59+£0
202511.59-£4k
20247.05+£4k
20234.21—

Derived from filed accounts. Not audited figures.