INNOVATION AGRITECH GROUP LIMITED
Company number 10570531 · Monitor this company
Executive summary
Innovation Agritech Group Limited carries a MEDIUM risk rating, supported by strong cash reserves and post-year-end equity investment but undermined by negative working capital, widening operational losses, and a significant reliance on asset revaluations. The company is currently compliant with filing obligations and not in financial distress, though the 13-month delay in finalising the 2020 accounts and the heavy dependence on external equity funding merit careful due diligence. Key areas for further investigation include the composition of short-term creditors, the basis of the revaluation reserve, and the adequacy of cash flow forecasts beyond the 12-month going concern window.
Shareholders' funds
£1,875
Balance sheet as at 2018-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2017-01-18
- Registered office
- The Aerobarn Heathley Hall Farm, Bracknell Road, Bracknell, Berkshire, England, RG42 6BP
- Postcode
- RG42 6BP
- Capital
- 7 GBP
- Accounts category
- Full
Accounts
- Last made up to
- 2025-01-31
- Next due by
- 2026-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2025-09-17
- Next due by
- 2026-10-01
Nature of business (SIC)
- 1610 Support activities for crop production
Officers 3 current · 3 resigned
Previous company names
| Name | Date changed |
|---|---|
| NUVO SPACE LIMITED | 2017-08-03 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 12E MANOR ROAD, LONDON, N16 5SA, ENGLAND | 2019-09-20 |
| 10 BRICK STREET MAYFAIR, LONDON, W1J 7HQ, ENGLAND | 2017-08-02 |
Competitors Reading
This company ranks 19 among support activities for crop production in Reading.
The class of 2017
28%
of the 636,546 companies incorporated in 2017 are still active today; 66% have since been dissolved.
A fact about the year, not a forecast for this company.