INNOVATE TRUST LTD Financials
- Company number
- 02493904CopyCopy
- Registered office
- 433 Cowbridge Road East, Canton, Cardiff CF5 1JH
- Incorporated
- 19/04/1990
Company snapshot
- Status
- Active
- Employees
- 967 (2025)
- Latest financial data
- 2025
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
4.37%vs 20242024: £3.14M
Total Assets
-2.25%vs 20242024: £6.39M
Cash in Bank
6.07%vs 20242024: £3.75M
Total Liabilities
-8.67%vs 20242024: £3.24M
Employees
-3vs 20242024: 970
In 2025, INNOVATE TRUST LTD reported net assets of £3.28M. The same filing shows total assets of £6.24M, cash in bank of £3.97M and total liabilities of £2.96M. Reported headcount was 967 in 2025. Total Liabilities fell from £3.24M in 2024 to £2.96M in 2025 (-8.67%). Okredo holds filed figures for 2023–2025; 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
4.37%from £3.14M in 2024Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures INNOVATE TRUST LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-11.4%vs 2023-5.9% a year compound (CAGR)
Cash in Bank
-17.7%vs 2023-9.3% a year compound (CAGR)
Total Assets
-12.3%vs 2023-6.3% a year compound (CAGR)
Total Liabilities
-13.2%vs 2023-6.8% a year compound (CAGR)
Employees
+15.1%vs 2023+127Biggest increase
Employees+15.1%
840 in 2023 to 967 in 2025
Biggest decrease
Cash in Bank-17.7%
£4.83M in 2023 to £3.97M in 2025
INNOVATE TRUST LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 INNOVATE TRUST LTD'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
- 52.55%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.
- Liabilities to total assets
- 47.45%2025
- 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
- 134.12%2025
- 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
- 63.64%2025
- 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 TRUST LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | 3.70M | 3.14M | 3.28M |
| Total Assets£ | 7.12M | 6.39M | 6.24M |
| Cash in Bank£ | 4.83M | 3.75M | 3.97M |
| Total Liabilities£ | 3.41M | 3.24M | 2.96M |
| Employees | 840 | 970 | 967 |
INNOVATE TRUST LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for INNOVATE TRUST LTD covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.
INNOVATE TRUST LTD reported net assets of £3.28M for 2025. That compares with £3.14M in 2024, a change of 4.37%.
INNOVATE TRUST LTD reported total assets of £6.24M for 2025. That compares with £6.39M in 2024, a change of -2.25%.
INNOVATE TRUST LTD reported cash in bank of £3.97M for 2025. That compares with £3.75M in 2024, a change of 6.07%.
INNOVATE TRUST LTD reported 967 employees in 2025, compared with 970 in 2024.
Between 2023 and 2025, INNOVATE TRUST LTD's net assets fell by 11.4%, cash in bank fell by 17.7%, total assets fell by 12.3% and total liabilities fell by 13.2%. Net assets contracted at 5.9% a year across the two years to 2025, from £3.70M to £3.28M. Reported headcount went from 840 in 2023 to 967 in 2025 (+127).
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.