INNOVATE RECRUITMENT LIMITED Financials
- Company number
- 05496480Copy
Copy - Registered office
- Astral Towers, Betts Way, Crawley RH10 9XA
- Incorporated
- 01/07/2005
Company snapshot
- Status
- Active
- Employees
- 25 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-29.11%vs 20242024: £1.21M
Total Assets
-35.89%vs 20242024: £1.55M
Cash in Bank
-78.70%vs 20242024: £1.03M
Total Liabilities
-64.50%vs 20242024: £292.92K
Employees
0vs 20242024: 25
In 2025, INNOVATE RECRUITMENT LIMITED reported net assets of £860.04K. The same filing shows total assets of £996.33K, cash in bank of £219.87K and total liabilities of £104.00K. Reported headcount was 25 in 2025. Cash in Bank fell from £1.03M in 2024 to £219.87K in 2025 (-78.70%). Okredo holds filed figures for 2021–2025; 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
-29.11%from £1.21M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures INNOVATE RECRUITMENT LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-27.3%vs 2023-14.7% a year compound (CAGR)
Cash in Bank
-75.4%vs 2023-50.4% a year compound (CAGR)
Total Assets
-32.4%vs 2023-17.8% a year compound (CAGR)
Total Liabilities
-52.6%vs 2023-31.2% a year compound (CAGR)
Employees
-26.5%vs 2023-9Biggest decrease
Cash in Bank-75.4%
£894.01K in 2023 to £219.87K in 2025
Every indicator Okredo holds for INNOVATE RECRUITMENT LIMITED fell between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INNOVATE RECRUITMENT 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
- 86.32%2025
- Liabilities to total assets
- 10.44%2025
- Cash to liabilities
- 211.41%2025
- Cash to total assets
- 22.07%2025
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 INNOVATE RECRUITMENT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 884.20K | 1.71M | 1.18M | 1.21M | 860.04K |
| Total Assets£ | 1.61M | 2.37M | 1.47M | 1.55M | 996.33K |
| Cash in Bank£ | 967.03K | 1.67M | 894.01K | 1.03M | 219.87K |
| Total Liabilities£ | 692.76K | 594.25K | 219.61K | 292.92K | 104.00K |
| Employees | 13 | 34 | 34 | 25 | 25 |
INNOVATE RECRUITMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has INNOVATE RECRUITMENT LIMITED filed financial statements?
Yes. Okredo holds filed figures for INNOVATE RECRUITMENT LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did INNOVATE RECRUITMENT LIMITED report in 2025?
INNOVATE RECRUITMENT LIMITED reported net assets of £860.04K for 2025. That compares with £1.21M in 2024, a change of -29.11%.
What total assets did INNOVATE RECRUITMENT LIMITED report in 2025?
INNOVATE RECRUITMENT LIMITED reported total assets of £996.33K for 2025. That compares with £1.55M in 2024, a change of -35.89%.
What cash in bank did INNOVATE RECRUITMENT LIMITED report in 2025?
INNOVATE RECRUITMENT LIMITED reported cash in bank of £219.87K for 2025. That compares with £1.03M in 2024, a change of -78.70%.
How many people does INNOVATE RECRUITMENT LIMITED employ?
INNOVATE RECRUITMENT LIMITED reported 25 employees in 2025, compared with 25 in 2024.
How have INNOVATE RECRUITMENT LIMITED financials changed over the last 3 years?
Between 2023 and 2025, INNOVATE RECRUITMENT LIMITED's net assets fell by 27.3%, cash in bank fell by 75.4%, total assets fell by 32.4% and total liabilities fell by 52.6%. Net assets contracted at 14.7% a year across the two years to 2025, from £1.18M to £860.04K. Reported headcount went from 34 in 2023 to 25 in 2025 (-9).
Which years of INNOVATE RECRUITMENT LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.