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INNOVARE SYSTEMS LIMITED

Company TypePrivate Limited
Company Number05472264
Incorporated2005-06-06
IndustryConstruction of commercial buildings
Websitewww.innovaresystems.co.uk
Phone Number0845 674 0020
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

INNOVARE SYSTEMS LIMITED was formed on the 6th June 2005 (filed on the 13th October 2016) , and are based in West Midlands, Unit B Earl Place Business Park. They are currently rated E and are considered to represent an average risk score. Their credit score was last updated on 1st November 2016. Companies house classifies them as Full Accounts. This information was last updated on the 3rd November 2016.

In 2016, they made a post-tax profit of £237,000 on a turnover of £11,572,000 (down 118% from 2015) .

There is 1 major shareholder listed for INNOVARE SYSTEMS LIMITED with Geoffrey Osborne Limited owning the most shares by value.

Addresses

Registered address

Fonteyn House 47-49 London Road
Reigate
Surrey
RH2 9PY

Trading address

Unit B Earl Place Business Park
Fletchamstead Highway
Coventry
West Midlands
CV4 9XL

Financials

31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Cash £264,000 £1,645,000 £969,000 - -
Tangible net worth £-994,000 £-1,219,000 £120,000 £1,095,000 £-3,531,684
Current liabilities £3,601,000 £6,048,000 £3,771,000 £809,000 £4,789,362
Current assets £2,487,000 £4,606,000 £3,648,000 £1,556,000 £1,242,866
31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Solvency ratios
Current ratio 0.69 0.76 0.97 1.92 0.26
Efficiency ratios
Return on assets 0.09 -0.28 -0.25 -0.19 -0.49
Return on capital employed -0.15 1.09 -6.99 -0.33 0.17
Gearing ratios
Debt to equity ratio 7.24 12.13 7.59 1.63 9.58
Equity ratio 0.19 0.10 0.13 0.26 0.40
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - - - -

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