G.B. INNOMECH LIMITED Financials
- Company number
- 02465226Copy
Copy - Industry
- Other research and experimental development on natural sciences and engineering (72.19 - SIC 2007)
- Registered office
- The Innovation Centre, Witchford, Ely, Cambridgeshire CB6 2HZ
- Incorporated
- 30/01/1990
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-69.38%vs 20232023: £369.46K
Cash in Bank
-24.31%vs 20232023: £190.63K
Employees
-2vs 20232023: 6
In 2024, G.B. INNOMECH LIMITED reported net assets of £113.12K. The same filing shows cash in bank of £144.29K. Reported headcount was 4 in 2024. Net Assets fell from £369.46K in 2023 to £113.12K in 2024 (-69.38%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-69.38%from £369.46K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures G.B. INNOMECH LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-51.3%vs 2022-30.2% a year compound (CAGR)
Cash in Bank
+5.5%vs 2022+2.7% a year compound (CAGR)
Employees
-33.3%vs 2022-2Biggest increase
Cash in Bank+5.5%
£136.79K in 2022 to £144.29K in 2024
Biggest decrease
Net Assets-51.3%
£232.15K in 2022 to £113.12K in 2024
G.B. INNOMECH LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for G.B. INNOMECH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 319.73K | 232.15K | 369.46K | 113.12K |
| Total Assets£ | – | – | – | – |
| Cash in Bank£ | 156.12K | 136.79K | 190.63K | 144.29K |
| Total Liabilities£ | – | – | – | – |
| Employees | 5 | 6 | 6 | 4 |
G.B. INNOMECH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has G.B. INNOMECH LIMITED filed financial statements?
Yes. Okredo holds filed figures for G.B. INNOMECH LIMITED covering 2021–2024, across 3 reported indicators. The most recent reported year is 2024.
What net assets did G.B. INNOMECH LIMITED report in 2024?
G.B. INNOMECH LIMITED reported net assets of £113.12K for 2024. That compares with £369.46K in 2023, a change of -69.38%.
What cash in bank did G.B. INNOMECH LIMITED report in 2024?
G.B. INNOMECH LIMITED reported cash in bank of £144.29K for 2024. That compares with £190.63K in 2023, a change of -24.31%.
How many people does G.B. INNOMECH LIMITED employ?
G.B. INNOMECH LIMITED reported 4 employees in 2024, compared with 6 in 2023.
How have G.B. INNOMECH LIMITED financials changed over the last 3 years?
Between 2022 and 2024, G.B. INNOMECH LIMITED's net assets fell by 51.3%, cash in bank rose by 5.5% and employee numbers fell by 33.3%. Net assets contracted at 30.2% a year across the two years to 2024, from £232.15K to £113.12K. Reported headcount went from 6 in 2022 to 4 in 2024 (-2).
Which years of G.B. INNOMECH LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.