INNOVATION LABS GROUP LIMITED Financials
- Company number
- 12242879CopyCopy
- Registered office
- 12 Bury Street, Stowmarket IP14 1HA
- Incorporated
- 03/10/2019
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-35.25%vs 20242024: £52.01K
Total Assets
-36.91%vs 20242024: £78.56K
Total Liabilities
-40.15%vs 20242024: £26.55K
Employees
-1vs 20242024: 5
In 2025, INNOVATION LABS GROUP LIMITED reported net assets of £33.67K. The same filing shows total assets of £49.56K and total liabilities of £15.89K. Reported headcount was 4 in 2025. Total Assets fell from £78.56K in 2024 to £49.56K in 2025 (-36.91%). 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
-35.25%from £52.01K 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 INNOVATION LABS GROUP LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-21.9%vs 2023-11.6% a year compound (CAGR)
Total Assets
+0.3%vs 2023+0.2% a year compound (CAGR)
Total Liabilities
+154%vs 2023+59.4% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+154%
£6.25K in 2023 to £15.89K in 2025
Biggest decrease
Net Assets-21.9%
£43.14K in 2023 to £33.67K in 2025
INNOVATION LABS GROUP LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INNOVATION LABS GROUP 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
- 67.94%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
- 32.06%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for INNOVATION LABS GROUP 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£ | 12.85K | 50.85K | 43.14K | 52.01K | 33.67K |
| Total Assets£ | 41.78K | 62.28K | 49.39K | 78.56K | 49.56K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 28.92K | 11.43K | 6.25K | 26.55K | 15.89K |
| Employees | 4 | 4 | 4 | 5 | 4 |
INNOVATION LABS GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for INNOVATION LABS GROUP LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
INNOVATION LABS GROUP LIMITED reported net assets of £33.67K for 2025. That compares with £52.01K in 2024, a change of -35.25%.
INNOVATION LABS GROUP LIMITED reported total assets of £49.56K for 2025. That compares with £78.56K in 2024, a change of -36.91%.
INNOVATION LABS GROUP LIMITED reported total liabilities of £15.89K for 2025. That compares with £26.55K in 2024, a change of -40.15%.
INNOVATION LABS GROUP LIMITED reported 4 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, INNOVATION LABS GROUP LIMITED's net assets fell by 21.9%, total assets rose by 0.3%, total liabilities rose by 154% and employee numbers was unchanged. Net assets contracted at 11.6% a year across the two years to 2025, from £43.14K to £33.67K. Reported headcount went from 4 in 2023 to 4 in 2025.
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.