Company Overview
Hi-Innovation Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 14 October 2009, so this is a well established company. Hi-Innovation Ltd has been in business for 16 years and 5 months. The accounts status is micro entity and the accounts are next due on Friday 31 July 2026.
Registered Address

Davidson & Workman, 16 Royal Terrace, Glasgow, G3 7NY
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Companies House Data
Company NameHI-INNOVATION LTD
Company NumberSC366836
Registered Office AddressDavidson & Workman
 16 Royal Terrace
 G3 7NY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/10/2009
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/11/2016
Returns Last Made Up Date14/10/2015
Directors & Members
Show Resigned
Oliver Finlay - Director
(British, 50 years old, born May 1976)
Appointed 14 October 2009
 Active
Stephen Mutch - Director
(British, 57 years old, born July 1969)
Appointed 14 October 2009
 Active
Secretaries
Show Resigned
Other Company Directorships
Oliver Finlay
HIBRIDS LTD
HI-PR ZINGER LIMITED
HI-SPORTS PERFORMANCE LTD
SPIRAL INNOVATION LIMITED
Stephen Mutch
HIBRIDS LTD
HI-PR ZINGER LIMITED
HI-SPORTS PERFORMANCE LTD
PROJECT: PHYSIO LIMITED
SPACE CLINICS LIMITED
SPIRAL INNOVATION LIMITED
STEPHEN A MUTCH LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 9,121 9,121 9,121
Creditors Due Within One Year 58,088 58,088 58,088
Working Cap -48,967 -48,967 -48,967
Total Assets Less Current Liabilities -48,967 -48,967 -48,967
Long-term Liabilities 0 0 0
Net Assets -48,967 -48,967 -48,967
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -48,967 -48,967 -48,967
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 636.9% 636.9% 636.9%
Net Current Assets Liabilities -536.9% -536.9% -536.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -536.9% -536.9% -536.9%
Capital Employed - - -
Total Assets Less Current Liabilities -536.9% -536.9% -536.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 0.2 0.2 0.2
Solvency Ratio 0.2 0.2 0.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 9,121 9,121 9,121
Debt 58,088 58,088 58,088
Net Assets/Debt -48,967 -48,967 -48,967
It is not clear that the company was actively trading prior to the latest financial data filed. Examination of the full accounts may provide further information. If the company remains active on the company register it may have traded in the period since the date of the latest filed accounts. A full credit report may provide information relating to trade payment history and county court or court judgments if any.
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Compulsory strike-off action has been discontinued
Confirmation statement made on 14 October 2025 with no updates
First Gazette notice for compulsory strike-off
Confirmation statement made on 14 October 2024 with no updates
Termination of appointment of Mbm Secretarial Services Limited as a secretary on 3 July 2024
Confirmation statement made on 14 October 2023 with no updates
Confirmation statement made on 14 October 2022 with no updates
Confirmation statement made on 14 October 2021 with no updates
Secretary's details changed for Mbm Secretarial Services Limited on 2 August 2021
Confirmation statement made on 14 October 2020 with no updates
Compulsory strike-off action has been discontinued
Registered office address changed from 5th Floor 125 Princes Street Edinburgh EH2 4AD to Davidson & Workman 16 Royal Terrace Glasgow G3 7NY on 25 March 2020
First Gazette notice for compulsory strike-off
Confirmation statement made on 14 October 2019 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 14 October 2018 with updates
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