The Firmwatch take
Innovative Ash Solutions Ltd (SC635613) currently shows: Watch signal detected, based on accounts to 31 December 2024; last refreshed 24 May 2026. Current ratio below 1.0 — extracted from the latest filed accounts.
Companies House source·Accounts to 31 Dec 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
9 July 2019
6 years on the register
Sector
Waste collection, treatment and disposal
SIC 38320 · matched to division
Size
Not classified
Net assets
£74k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Weak current ratio
Current assets are less than 75% of current liabilities.
Sector benchmark · Utilities and Waste
How this company compares in 12,316 filers in this sector
Top 10% in sector — Innovative Ash Solutions Ltd shows £74k in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£74k
Top 10% in sector · sector median £2k · 12,316 filers in this sector
Cash
Not disclosed
Working cap.
£865k
Median £5k
Current ratio
0.0×
Median 1.2×
Signals · 2
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
People
Who runs this company
- BP
BOOTE, Paul Michael
director · since 2025
- BR
BROOKE, Richard Michael
director · since 2025
Registered office
Address intelligence
8 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · PA3 1RB
8 other UK companies registered at this postcode.
Active
6
Dissolved
0
Strike-off action
2
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.