INNOVA RENEWABLES DEVELOPMENTS LIMITED Financials
- Company number
- 11978158Copy
Copy - Registered office
- 3rd Floor, St George's House, 13-14 Ambrose Street, Cheltenham GL50 3LG
- Incorporated
- 03/05/2019
Company snapshot
- Status
- Active
- Employees
- 32 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
13.93%vs 20232023: £-2.13M
Total Assets
-50.52%vs 20232023: £4.29M
Cash in Bank
7.29%vs 20232023: £64.47K
Total Liabilities
-38.39%vs 20232023: £6.42M
Employees
+3vs 20232023: 29
In 2024, INNOVA RENEWABLES DEVELOPMENTS LIMITED reported net assets of £-1.83M. The same filing shows total assets of £2.13M, cash in bank of £69.17K and total liabilities of £3.96M. Reported headcount was 32 in 2024. Total Liabilities fell from £6.42M in 2023 to £3.96M in 2024 (-38.39%). Okredo holds filed figures for 2022–2024; 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
13.93%from £-2.13M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures INNOVA RENEWABLES DEVELOPMENTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+73.7%vs 2022+31.8% a year compound (CAGR)
Total Assets
-6.5%vs 2022-3.3% a year compound (CAGR)
Total Liabilities
+55.7%vs 2022+24.8% a year compound (CAGR)
Employees
+28%vs 2022+7Biggest increase
Cash in Bank+73.7%
£39.82K in 2022 to £69.17K in 2024
Biggest decrease
Total Assets-6.5%
£2.27M in 2022 to £2.13M in 2024
INNOVA RENEWABLES DEVELOPMENTS 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 total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INNOVA RENEWABLES DEVELOPMENTS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -86.22%2024
- Liabilities to total assets
- 186.22%2024
- Cash to liabilities
- 1.75%2024
- Cash to total assets
- 3.25%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for INNOVA RENEWABLES DEVELOPMENTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -268.31K | -2.13M | -1.83M |
| Total Assets£ | 2.27M | 4.29M | 2.13M |
| Cash in Bank£ | 39.82K | 64.47K | 69.17K |
| Total Liabilities£ | 2.54M | 6.42M | 3.96M |
| Employees | 25 | 29 | 32 |
INNOVA RENEWABLES DEVELOPMENTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has INNOVA RENEWABLES DEVELOPMENTS LIMITED filed financial statements?
Yes. Okredo holds filed figures for INNOVA RENEWABLES DEVELOPMENTS LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did INNOVA RENEWABLES DEVELOPMENTS LIMITED report in 2024?
INNOVA RENEWABLES DEVELOPMENTS LIMITED reported net assets of £-1.83M for 2024. That compares with £-2.13M in 2023, a change of 13.93%.
What total assets did INNOVA RENEWABLES DEVELOPMENTS LIMITED report in 2024?
INNOVA RENEWABLES DEVELOPMENTS LIMITED reported total assets of £2.13M for 2024. That compares with £4.29M in 2023, a change of -50.52%.
What cash in bank did INNOVA RENEWABLES DEVELOPMENTS LIMITED report in 2024?
INNOVA RENEWABLES DEVELOPMENTS LIMITED reported cash in bank of £69.17K for 2024. That compares with £64.47K in 2023, a change of 7.29%.
How many people does INNOVA RENEWABLES DEVELOPMENTS LIMITED employ?
INNOVA RENEWABLES DEVELOPMENTS LIMITED reported 32 employees in 2024, compared with 29 in 2023.
How have INNOVA RENEWABLES DEVELOPMENTS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, INNOVA RENEWABLES DEVELOPMENTS LIMITED's cash in bank rose by 73.7%, total assets fell by 6.5%, total liabilities rose by 55.7% and employee numbers rose by 28%. Cash in bank compounded at 31.8% a year across the two years to 2024, from £39.82K to £69.17K. Reported headcount went from 25 in 2022 to 32 in 2024 (+7).
Which years of INNOVA RENEWABLES DEVELOPMENTS LIMITED financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.