INNOVA RENEWABLES LIMITED Financials
- Company number
- 12092691CopyCopy
- Registered office
- 3rd Floor, St George's House, 13-14 Ambrose Street, Cheltenham GL50 3LG
- Incorporated
- 09/07/2019
Company snapshot
- Status
- Active
- Employees
- 92 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
934.52%vs 20232023: £-51.89K
Total Assets
13.50%vs 20232023: £48.82M
Cash in Bank
-52.70%vs 20232023: £556.00K
Total Liabilities
140.99%vs 20222022: £20.21M
Employees
+19vs 20232023: 73
In 2024, INNOVA RENEWABLES LIMITED reported net assets of £433.00K. The same filing shows total assets of £55.41M, cash in bank of £263.00K and total liabilities of £48.71M. Reported headcount was 92 in 2024. Total Liabilities rose from £20.21M in 2022 to £48.71M in 2023 (140.99%). 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
934.52%from £-51.89K 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 LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-86.7%vs 2022-63.6% a year compound (CAGR)
Total Assets
+262%vs 2022+90.3% a year compound (CAGR)
Employees
+217%vs 2022+63Biggest increase
Total Assets+262%
£15.31M in 2022 to £55.41M in 2024
Biggest decrease
Cash in Bank-86.7%
£1.98M in 2022 to £263.00K in 2024
INNOVA RENEWABLES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INNOVA RENEWABLES 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
- 0.78%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.
- Liabilities to total assets
- 99.76%2023
- 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.
- Cash to liabilities
- 1.14%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.47%2024
- 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 LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -4.97M | -51.89K | 433.00K |
| Total Assets£ | 15.31M | 48.82M | 55.41M |
| Cash in Bank£ | 1.98M | 556.00K | 263.00K |
| Total Liabilities£ | 20.21M | 48.71M | – |
| Employees | 29 | 73 | 92 |
INNOVA RENEWABLES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for INNOVA RENEWABLES LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
INNOVA RENEWABLES LIMITED reported net assets of £433.00K for 2024. That compares with £-51.89K in 2023, a change of 934.52%.
INNOVA RENEWABLES LIMITED reported total assets of £55.41M for 2024. That compares with £48.82M in 2023, a change of 13.50%.
INNOVA RENEWABLES LIMITED reported cash in bank of £263.00K for 2024. That compares with £556.00K in 2023, a change of -52.70%.
INNOVA RENEWABLES LIMITED reported 92 employees in 2024, compared with 73 in 2023.
Between 2022 and 2024, INNOVA RENEWABLES LIMITED's cash in bank fell by 86.7%, total assets rose by 262% and employee numbers rose by 217%. Cash in bank contracted at 63.6% a year across the two years to 2024, from £1.98M to £263.00K. Reported headcount went from 29 in 2022 to 92 in 2024 (+63).
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.