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Innovape Limited

14666236

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

174A DEAN ROAD, SOUTH SHIELDS, NE33 4AQ
Incorporated 15/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Mohammad Farooq

director · Since 01/08/2023

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mrs Farzana Iqbal

director · Since 01/08/2023

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 59

Also on 3 other boards

Persons with Significant Control

Mr Mohammad Farooq

25–50% shares
25–50% votes

English · United Kingdom · Age 55

174a, Dean Road, South Shields, NE33 4AQ

Notified 01/10/2024

Mrs Farzana Iqbal

25–50% shares
25–50% votes

English · United Kingdom · Age 59

174a, Dean Road, South Shields, NE33 4AQ

Notified 01/10/2024

Former PSCs

Mr Umar Farooq

Ceased 01/10/2024

CompanyRankvs 5125+ SIC 47789 peers
50

Financial strength64th percentile among SIC peers · 16/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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5125Innovape Limited
50
How is this score calculated?
Financial strength16/25 pts

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

Employees4/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 28/02/2026

Net Worth

£22k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£97k

Working capital

Current Assets

£97k

Current Liabilities

£94k

Fixed Assets

£18k

1avg. employees

Balance Sheet

Assets less current liabilities£115k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20261.04+£0
20261.04-£120
20251.02+£5k
20240.97—

Derived from filed accounts. Not audited figures.