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Innovate Acoustic Services Limited

15262733

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

29 SETTLERS COURT, NEWPORT AVE, LONDON, E14 2DG
Incorporated 06/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture
43210
Electrical installation
43330
Floor and wall covering

Officers

Mr Andre Luis Costa Castro Araujo

director · Since 06/11/2023

CARPET FITTER

BRAZILIAN · UNITED KINGDOM · Age 50

Persons with Significant Control

Mr Andre Luis Costa Castro Araujo

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

Brazilian · United Kingdom · Age 50

29, Settlers Court, Newport Ave, London, E14 2DG

Notified 06/11/2023

CompanyRankvs 5213+ SIC 31090 peers
31

Financial strength20th percentile among SIC peers · 5/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 pts

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

Liquidity6/20 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 30/11/2024

Net Worth

-£832

Balance sheet strength

Cash

£4

Cash in the bank

Net Current Assets

-£832

Working capital

Current Assets

£7k

Current Liabilities

£7k

Debtors

£7k

0avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.89

Derived from filed accounts. Not audited figures.