# HG INNOVATIONS LTD (12059330)

> HG INNOVATIONS LTD is an active private limited company (company number 12059330) incorporated on 19 June 2019, registered in Blackburn. Its registered activity is manufacture of medical and dental instruments and supplies (SIC 32500). Latest small accounts cover the period ending 30 June 2025, showing net assets of −£331k and cash of £121k, with 4 employees on average. Net assets fell 44% on the prior period (−£229k).

- Status: Active
- Incorporated: 2019-06-19
- Registered office: Blackburn, BB1 2EQ
- SIC 32500: Manufacture of medical and dental instruments and supplies
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-07-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 1,751 comparable companies in the UK (median £3,916, upper quartile £88k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | −£331k | £121k | £19k | — | — | — | 4 |
| 2024-06-30 | −£229k | £369 | £19k | — | — | — | 1 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-330,515 at 30 June 2025
- Net assets down 25% or more on the prior period: -44.1% vs prior period
- Cash at bank of £50,000 or more: Cash £121,375
- Incorporated five or more years ago: Incorporated 19 June 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Muhammad Sajjad Ashraf — owns 75–100% of shares; holds 75–100% of voting rights, since 2019-06-19

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12059330
HTML: https://firmoscan.com/company/12059330-hg-innovations-ltd