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INNOVATE SERVICES LIMITED

Company TypePrivate Limited
Company Number06420662
Incorporated2007-11-07
IndustryOther food services
Websitewww.innovatefood.co.uk
Phone Number01932 411110
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

INNOVATE SERVICES LIMITED was formed on the 7th November 2007 (filed on the 9th May 2017) , and are based in Surrey, Phoenix House. They are currently rated B and are considered to represent an average risk score. Their credit score was last updated on 22nd May 2017 when it was upgraded to the current B from F. Companies house classifies them as Full Accounts. This information was last updated on the 24th May 2017.

In 2016, they made a post-tax profit of £2,303,688 on a turnover of £17,676,737 (down 133% from 2015) .

There is 1 major shareholder listed for INNOVATE SERVICES LIMITED with I Catering Management Services Ltd owning the most shares by value.

Addresses

Registered address

Phoenix House Pyrford Road
West Byfleet
Surrey
KT14 6RA

Trading address

Phoenix House
Pyrford Road
West Byfleet
Surrey
KT14 6RA

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £1,370,601 £439,823 £14,390 £169,665 £931,610
Tangible net worth £1,981,211 £-598,561 £6,306,407 £4,322,478 £2,397,128
Current liabilities £3,174,996 £2,807,209 £3,969,797 £2,768,949 £3,042,439
Current assets £5,045,334 £2,157,057 £10,139,903 £6,947,797 £5,274,846
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 1.59 0.77 2.55 2.51 1.73
Efficiency ratios
Return on assets 0.38 -1.99 0.22 0.29 0.32
Return on capital employed 0.27 -9.31 0.44 0.59 0.90
Gearing ratios
Debt to equity ratio 848.55 765.02 1073.38 752.63 811.32
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.00 0.02 0.00 0.01 -
Other ratios
Debtor days - - - - -
Interest cover 28.22 -91.20 87.26 1730.73 57.52

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