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Innocent Property Limited

15743551

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

4 POWHAY MILLS, EXETER, EX4 3BT
Incorporated 26/05/2024

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 25/05/2026

Due 08/06/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Innocent Zvidzai Mutandwa

director · Since 26/05/2024

PHARMACIST

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mr Innocent Zvidzai Mutandwa

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

British · United Kingdom · Age 52

19, West Clyst, Exeter, EX1 3TP

Notified 26/05/2024

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 28/03/2025Registered 28/03/2025

CompanyRankvs 167298+ SIC 68100 peers
8

Financial strength23th percentile among SIC peers · 6/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees3/15 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.

Longevity2/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 31/05/2025

Net Worth

-£3k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£2k

Current Liabilities

£224k

Fixed Assets

£223k

0avg. employees

Balance Sheet

Assets less current liabilities£221k
Signed by Mr i Mutandwa,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.01

Derived from filed accounts. Not audited figures.