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Inotec Solutions Ltd

15119349

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)
  • Negative net worth (-10)

Details

7 BLACKHORSE TERRACE, BISHOP AUCKLAND, DL13 5RN
Incorporated 06/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61200
Wireless telecommunications activities
61300
Satellite telecommunications activities
62090
Other information technology service activities

Officers

Mr Simon John Land

secretary · Since 06/09/2023

Also on 1 other board

Mr Simon John Land

director · Since 06/09/2023

DIRECTOR AND COMPANY SECRETARY

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mr Paul William Standing

director · Since 06/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Paul William Standing

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

British · England · Age 57

5, Statham Place, Darlington, DL3 0YF

Notified 06/09/2023

Mr Simon John Land

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

British · England · Age 67

7, Blackhorse Terrace, Bishop Auckland, DL13 5RN

Notified 06/09/2023

CompanyRankvs 2637+ SIC 61200 peers
33

Financial strength11th percentile among SIC peers · 3/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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2637Inotec Solutions Ltd
33
How is this score calculated?
Financial strength3/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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 30/09/2024

Net Worth

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£435

Current Liabilities

£19k

Fixed Assets

£7k

2avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.02

Derived from filed accounts. Not audited figures.