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Innolab It Ltd

14607125

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

79 COLLEGE ROAD, HARROW, HA1 1BD
Incorporated 20/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Prabath Malaka Jayatissa

director · Since 20/01/2023

SOFTWARE ENGINEER

SRI LANKAN · UNITED KINGDOM · Age 35

Mr Sharib Matheen Khalid

director · Since 01/06/2023

DIRECTOR

SRI LANKAN · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Prabath Malaka Jayatissa

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

Sri Lankan · United Kingdom · Age 35

2d, Malbrook Road, Norwich, NR5 8RR

Notified 20/01/2023

CompanyRankvs 49609+ SIC 62020 peers
60

Financial strength55th percentile among SIC peers · 14/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.92× · 16/20
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 strength14/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/01/2025

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£12k

Current Liabilities

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.92+£313
20241.76

Derived from filed accounts. Not audited figures.