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Welby Innovate Ltd

15203827

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 11/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Matthew Paul Doig

director · Since 11/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Innovative Practice Ltd

director · Since 11/10/2023

Mr Simon Richardson

director · Since 11/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Dr James Alexander Thompson

director · Since 11/10/2023

DOCTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Welby Group Ltd

director · Since 11/10/2023

Persons with Significant Control

Innovative Practice Ltd

25–50% shares
25–50% votes

2, Willow Lane, Nottingham, NG4 4BJ

Reg: 10671975 · Companies House · Company Limited By Shares

Notified 11/10/2023

Welby Group Ltd

25–50% shares
25–50% votes

The Old Church, Queen Street, Bottesford, NG13 0AH

Reg: 10834582 · Companies House · Company Limited By Shares

Notified 11/10/2023

Former PSCs

Welby Group Limited

Ceased 09/12/2024

CompanyRankvs 25951+ SIC 86900 peers
58

Financial strength28th percentile among SIC peers · 7/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.6× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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25951Welby Innovate Ltd
57
How is this score calculated?
Financial strength7/25 pts

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

Employees13/15 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.

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 31/10/2024

Net Worth

£3

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£70k

Current Liabilities

£19k

Debtors

£49k

3avg. employees

Balance Sheet

Assets less current liabilities£51k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20243.60

Derived from filed accounts. Not audited figures.