# INNOVADES WORKS LTD (SC720220)

> INNOVADES WORKS LTD is an active private limited company (company number SC720220) incorporated on 18 January 2022, registered in Greenock. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 January 2026, showing net assets of £10k, 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 rose 29% on the prior period (£7,842).

- Status: Active
- Incorporated: 2022-01-18
- Registered office: Greenock, PA15 4EJ
- SIC 62012: Business and domestic software development
- Next accounts due: 2027-10-31
- Confirmation statement due: 2027-02-01
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 618 comparable companies in Glasgow (median £1,217, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-01-31 | £10k | — | — | £10k | — | — | 1 |
| 2025-01-31 | £7,842 | — | — | £8,093 | — | — | 1 |

current ratio 0.02; size band micro.

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

- Net assets above zero: Net assets £10,096 at 31 January 2026
- Net assets up 10% or more on the prior period: +28.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.02
- Incorporated two to five years ago: Incorporated 18 January 2022

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

## Persons with significant control

- Mr Stuart Paton — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2022-01-18

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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/SC720220
HTML: https://firmoscan.com/company/SC720220-innovades-works-ltd