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ZEAL INNOVATION LTD

Company
ZEAL INNOVATION LTD (08781841)

ZEAL INNOVATION

Phone: +44 (0)1792 485 539
B rating

ABOUT ZEAL INNOVATION LTD

, a design and innovation consultancy, and through it has worked with a number of diverse clients including Boots, E.ON, Intel, Lego, The Body Shop and Unilever on the design and development of award winning products for international markets.

Neil then started Zeal Innovation Ltd at the end of 2013, with marketeer Will Riley, whom he met at Southampton University many years before, to develop and commercialise the Litelok®

The issue with most bike locks is that while bikes are getting lighter and lighter, secure locks are getting heavier and heavier. That’s because it’s the thickness of the metal chains and tubes that provides the additional security, however it also makes them cumbersome, heavy and impractical.

Neil and his team harnessed the unique security properties of multiple innovative, lightweight materials to create a composite strap called Boaflexicore®. Each layer provides additional security, meaning that it can withstand sustained attack to the highest level from tools like cable cutters, bolt croppers and hacksaws. Read our

for your bike security. Excellent Premium product & a nice Company to deal with

, my team and I created and patented a new composite material called Boaflexicore. It is made of layers of innovative materials that keep Liteloks lightweight but difficult to cut or break. Each layer provides additional security, meaning it can withstand sustained attack from tools like cable cutters, bolt croppers, crowbars and hacksaws. The locking mechanism is made from hardened steel and is very difficult to pick. This is also patented.

In March 2015 we ran a crowdfunding campaign on Kickstarter, raising over £232,000. This helped turn the idea into a reality. I am incredibly thankful to our Kickstarter backers without whom we wouldn’t be here. We have built on this early success, now offering Liteloks all over the world, from our HQ in Wales, UK. Litelok Gold won Best Cycling Innovation at the 2016 London Cycling Campaign awards and was declared the

I am delighted to announce that as of August 2017 we have secured a seven figure co-investment from Finance Wales and a syndicate of Business Angels. Supplemented by other early stage funding which came from the European Regional Development Fund, through the SMARTCymru programme, this investment will allow us to invest in high-tech manufacturing in South Wales, as well as sales, marketing and product development.

us at [email protected], we are happy to help!

KEY FINANCES

Year
2016
Assets
£111.88k ▼ £-14.11k (-11.20 %)
Cash
£37.75k ▲ £7.06k (22.99 %)
Liabilities
£258.85k ▼ £-30k (-10.39 %)
Net Worth
£-146.96k ▼ £15.89k (-9.76 %)

REGISTRATION INFO

Company name
ZEAL INNOVATION LTD
Company number
08781841
VAT
GB177201027
Status
Active
Categroy
Private Limited Company
Date of Incorporation
19 Nov 2013
Age - 11 years
Home Country
United Kingdom

CONTACTS

Website
www.litelok.com
Phones
+44 (0)1792 485 539
01792 485 539
Registered Address
C/O BEVAN & BUCKLAND LANGDON HOUSE,
LANGDON ROAD,
SA1 SWANSEA WATERFRONT,
SWANSEA,
SA1 8QY

ECONOMIC ACTIVITIES

71121
Engineering design activities for industrial process and production
72190
Other research and experimental development on natural sciences and engineering

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LAST EVENTS

03 Feb 2017
Statement of capital following an allotment of shares on 1 September 2015 GBP 215,407.612405
20 Dec 2016
Confirmation statement made on 19 November 2016 with updates
14 Jun 2016
Total exemption small company accounts made up to 30 November 2015

See Also


Last update 2018

ZEAL INNOVATION LTD DIRECTORS

Barron Neil Anthony Professor

  Acting PSC
Appointed
19 November 2013
Occupation
Designer
Role
Director
Age
59
Nationality
British
Address
East Pilton House, Pilton, Rhossili Gower, Swansea, United Kingdom, SA3 1PQ
Country Of Residence
United Kingdom
Name
BARRON, Neil Anthony, Professor
Notified On
6 April 2016
Nature Of Control
Ownership of shares – More than 50% but less than 75%

William Riley

  Acting PSC
Appointed
27 December 2013
Occupation
None
Role
Director
Age
59
Nationality
British
Address
2 Gibson Road, Mosman, Sydeny, Nsw, Australia, 2088
Country Of Residence
Australia
Name
RILEY, William
Notified On
6 April 2016
Nature Of Control
Ownership of shares – More than 25% but not more than 50%

REVIEWS


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Very good according to the company’s financial health.