# SPINNOVATE LTD (14437525)

> SPINNOVATE LTD is an active private limited company (company number 14437525) incorporated on 24 October 2022, registered in Durham. Its registered activity is other research and experimental development on natural sciences and engineering (SIC 72190). Latest micro accounts cover the period ending 31 October 2025, showing net assets of −£50k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 199% on the prior period (−£17k).

- Status: Active
- Incorporated: 2022-10-24
- Registered office: Durham, DH1 3FD
- SIC 72190: Other research and experimental development on natural sciences and engineering
- SIC 74909: Other professional, scientific and technical activities n.e.c.
- SIC 82990: Other business support service activities n.e.c.
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-07
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 3,656 comparable companies in the UK (median £559, upper quartile £49k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | −£50k | — | — | — | — | — | 1 |
| 2024-10-31 | −£17k | — | — | — | — | — | 1 |

size band micro.

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

- Net assets below zero: Net assets £-50,033 at 31 October 2025
- Net assets down 25% or more on the prior period: -198.6% vs prior period
- Incorporated two to five years ago: Incorporated 24 October 2022

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

## Persons with significant control

- Dr Shashi Urvish Pandya — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2022-10-24

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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/14437525
HTML: https://firmoscan.com/company/14437525-spinnovate-ltd