MAX INNOVATE LIMITED Financials
- Company number
- 07221619CopyCopy
- Registered office
- 127 Fillongley Road, Meriden, Coventry CV7 7LT
- Incorporated
- 13/04/2010
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
68.44%vs 20232023: £659.22K
Total Assets
104.02%vs 20232023: £2.80M
Cash in Bank
787.83%vs 20232023: £140.49K
Total Liabilities
142.27%vs 20232023: £1.69M
Employees
+1vs 20232023: 6
In 2024, MAX INNOVATE LIMITED reported net assets of £1.11M. The same filing shows total assets of £5.70M, cash in bank of £1.25M and total liabilities of £4.08M. Reported headcount was 7 in 2024. Total Assets rose from £2.80M in 2023 to £5.70M in 2024 (104.02%). 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
68.44%from £659.22K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MAX INNOVATE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+188%vs 2022+69.8% a year compound (CAGR)
Cash in Bank
+579%vs 2022+161% a year compound (CAGR)
Total Assets
+129%vs 2022+51.3% a year compound (CAGR)
Total Liabilities
+159%vs 2022+61% a year compound (CAGR)
Employees
+16.7%vs 2022+1Biggest increase
Cash in Bank+579%
£183.70K in 2022 to £1.25M in 2024
Every indicator Okredo holds for MAX INNOVATE LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAX INNOVATE 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
- 19.47%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
- 71.60%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
- 30.54%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
- 21.87%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 MAX INNOVATE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 167.10K | 385.33K | 659.22K | 1.11M |
| Total Assets£ | 1.70M | 2.49M | 2.80M | 5.70M |
| Cash in Bank£ | 222.02K | 183.70K | 140.49K | 1.25M |
| Total Liabilities£ | 1.24M | 1.58M | 1.69M | 4.08M |
| Employees | 4 | 6 | 6 | 7 |
MAX INNOVATE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MAX INNOVATE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MAX INNOVATE LIMITED reported net assets of £1.11M for 2024. That compares with £659.22K in 2023, a change of 68.44%.
MAX INNOVATE LIMITED reported total assets of £5.70M for 2024. That compares with £2.80M in 2023, a change of 104.02%.
MAX INNOVATE LIMITED reported cash in bank of £1.25M for 2024. That compares with £140.49K in 2023, a change of 787.83%.
MAX INNOVATE LIMITED reported 7 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, MAX INNOVATE LIMITED's net assets rose by 188%, cash in bank rose by 579%, total assets rose by 129% and total liabilities rose by 159%. Net assets compounded at 69.8% a year across the two years to 2024, from £385.33K to £1.11M. Reported headcount went from 6 in 2022 to 7 in 2024 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.