Active

THE INNOVATIVE BREWING COMPANY LTD Financials

Company number
12356101Copy
Copy
Registered office
533 Kings Road, London SW10 0TZ
Incorporated
09/12/2019

Company snapshot

Status
Active
Employees
11 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.16M2024
325.71%vs 2023

2023: £271.58K

Total Assets

£1.56M2024
233.23%vs 2023

2023: £469.41K

Cash in Bank

£771.84K2024
347.15%vs 2023

2023: £172.61K

Total Liabilities

£255.23K2024
139.02%vs 2023

2023: £106.78K

Employees

112024
+4vs 2023

2023: 7

In 2024, THE INNOVATIVE BREWING COMPANY LTD reported net assets of £1.16M. The same filing shows total assets of £1.56M, cash in bank of £771.84K and total liabilities of £255.23K. Reported headcount was 11 in 2024. Total Assets rose from £469.41K in 2023 to £1.56M in 2024 (233.23%). 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

£1.16M2024
325.71%from £271.58K in 2023

Year-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 THE INNOVATIVE BREWING COMPANY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£120.44K2022£1.16M2024
+860%vs 2022

+210% a year compound (CAGR)

Total Assets

£212.29K2022£1.56M2024
+637%vs 2022

+171% a year compound (CAGR)

Total Liabilities

£91.85K2022£255.23K2024
+178%vs 2022

+66.7% a year compound (CAGR)

Employees

32022112024
+267%vs 2022+8

Biggest increase

Net Assets+860%

£120.44K in 2022 to £1.16M in 2024

Every indicator Okredo holds for THE INNOVATIVE BREWING COMPANY LTD rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from THE INNOVATIVE BREWING COMPANY 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
73.91%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
16.32%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
302.41%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
49.34%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 THE INNOVATIVE BREWING COMPANY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-17.95K120.44K271.58K1.16M
Total Assets£29.08K212.29K469.41K1.56M
Cash in Bank£––172.61K771.84K
Total Liabilities£47.03K91.85K106.78K255.23K
Employees33711

THE INNOVATIVE BREWING COMPANY LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THE INNOVATIVE BREWING COMPANY LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

THE INNOVATIVE BREWING COMPANY LTD reported net assets of £1.16M for 2024. That compares with £271.58K in 2023, a change of 325.71%.

THE INNOVATIVE BREWING COMPANY LTD reported total assets of £1.56M for 2024. That compares with £469.41K in 2023, a change of 233.23%.

THE INNOVATIVE BREWING COMPANY LTD reported cash in bank of £771.84K for 2024. That compares with £172.61K in 2023, a change of 347.15%.

THE INNOVATIVE BREWING COMPANY LTD reported 11 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, THE INNOVATIVE BREWING COMPANY LTD's net assets rose by 860%, total assets rose by 637%, total liabilities rose by 178% and employee numbers rose by 267%. Net assets compounded at 210% a year across the two years to 2024, from £120.44K to £1.16M. Reported headcount went from 3 in 2022 to 11 in 2024 (+8).

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.