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INNOVATIVE TECHNOLOGY LIMITED

Company TypePrivate Limited
Company Number01954947
Incorporated1985-11-05
IndustryOther research and experimental development on natural sciences and engineering
Websitewww.innovative-technology.co.uk
Phone Number0161 620 1990
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

INNOVATIVE TECHNOLOGY LIMITED was formed on the 5th November 1985 (filed on the 4th June 2016) , and are based in Lancashire, Derker. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 17th June 2016. Companies house classifies them as Full Accounts. This information was last updated on the 2nd December 2016.

In 2015, they made a post-tax profit of £1,656,705 on a turnover of £25,779,931 (down 34% from 2014) .

There is 1 major shareholder listed for INNOVATIVE TECHNOLOGY LIMITED with Bellis Holdings Limited owning the most shares by value.

Addresses

Registered address

Innovative Business Park
Derker Street
Oldham
Lancashire
OL1 4EQ

Trading addresses

Derker
Oldham
Lancashire
OL1 4EQ
Milton St
Royton
Oldham
LANCASHIRE
OL2 6QU
1 more trading address not shown.

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st October 2011
Cash £1,180,288 £1,199,502 £4,207,162 £2,650,114 £1,462,950
Tangible net worth £15,240,474 £5,821,191 £5,326,291 £5,356,647 £10,787,474
Current liabilities £2,556,280 £5,290,132 £2,990,238 £9,390,475 £2,302,017
Current assets £11,150,562 £11,668,966 £11,597,236 £10,414,948 £9,879,541
31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st October 2011
Solvency ratios
Current ratio 4.36 2.21 3.88 1.11 4.29
Efficiency ratios
Return on assets 0.09 0.13 0.18 0.23 0.06
Return on capital employed 0.12 0.18 0.25 0.68 0.09
Gearing ratios
Debt to equity ratio 6.20 33.03 24.54 22.32 2721.69
Equity ratio 0.02 0.02 0.03 0.03 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover 1640.93 - - - 473.27

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Details of 4 mortgages available.

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