INNOVATE NE LIMITED Financials
- Company number
- 09814022CopyCopy
- Registered office
- Navigators Point, Belmont Business Park, Durham DH1 1TW
- Incorporated
- 07/10/2015
Company snapshot
- Status
- Active
- Employees
- 34 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
Increasedvs 20222022: £-28.59K
Total Assets
Decreasedvs 20222022: £441.77K
Cash in Bank
Decreasedvs 20222022: £89.25K
Total Liabilities
Decreasedvs 20222022: £461.89K
Employees
+1vs 20222022: 33
In 2024, INNOVATE NE LIMITED reported net assets of £14.51K. The same filing shows total assets of £146.36K, cash in bank of £69.26K and total liabilities of £128.52K. Reported headcount was 34 in 2024. Total Liabilities fell from £461.89K in 2022 to £128.52K in 2024. 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
Increasedfrom £-28.59K in 2022Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
Ratios from the filed figures
Calculated from INNOVATE NE 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
- 9.92%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
- 87.81%2024
- 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
- 53.89%2024
- 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
- 47.32%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 INNOVATE NE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2024 |
|---|---|---|---|
| Net Assets£ | -114.52K | -28.59K | 14.51K |
| Total Assets£ | 74.70K | 441.77K | 146.36K |
| Cash in Bank£ | – | 89.25K | 69.26K |
| Total Liabilities£ | 189.22K | 461.89K | 128.52K |
| Employees | 26 | 33 | 34 |
INNOVATE NE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for INNOVATE NE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
INNOVATE NE LIMITED reported net assets of £14.51K for 2024. That compares with £-28.59K in 2022.
INNOVATE NE LIMITED reported total assets of £146.36K for 2024. That compares with £441.77K in 2022.
INNOVATE NE LIMITED reported cash in bank of £69.26K for 2024. That compares with £89.25K in 2022.
INNOVATE NE LIMITED reported 34 employees in 2024, compared with 33 in 2022.
Okredo holds reported figures for the years 2021, 2022, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.