Innovtec Solutions Ltd in London, SE18 1JQ

Description

Data updated on: 01-11-2023

Innovtec Solutions is a firm with it's headquarters at SE18 1JQ London at 134 Plumstead High Street. This firm was set up in 2013 and is established as reg. no. 08681727. This firm has been actively competing on the British market for eleven years now and company current status is active. The firm's declared SIC number is 62020 and their NACE code stands for Information technology consultancy activities. 2022-09-30 is the last time the company accounts were reported.

Currently, this firm has 1 director: Tilak K., who was appointed in 2013. For seven years Basanta P., had been managing the following firm up until the resignation in 2020. Additionally a different director, specifically Tilak K. quit in 2013.

Executives with significant control over the firm are: Tilak K. owns 1/2 or less of company shares. Basanta P. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency
Net Worth	48 654	43 706	38 197	41 992

Balance Sheet
Cash Bank On Hand				3 049	102	971
Current Assets	50 683	42 035	14 335	23 219	40 860	22 643	70 816	51 318	34 483
Debtors	701	18 681	5 375	8 292	28 880	12 755
Net Assets Liabilities				41 992	43 808	25 637	23 159	6 561	-5 566
Other Debtors					11 443	12 755
Property Plant Equipment				10 444	8 596	6 876
Total Inventories				11 878	11 878	8 917
Cash Bank In Hand	49 982	23 354	110	3 049
Net Assets Liabilities Including Pension Asset Liability	48 654	43 706	38 197	41 992
Stocks Inventory			8 850	11 878
Tangible Fixed Assets		2 271	11 377	10 444

Capital & Reserves
Called Up Share Capital	50 000	50 000	50 000	50 000
Profit Loss Account Reserve	-1 346	-6 294	-11 803	-8 008
Shareholder Funds	48 654	43 706	38 197	41 992

Other Financial Data
Version Production Software								2 023
Accrued Liabilities Deferred Income				1 200	1 200	1 200
Accrued Liabilities Not Expressed Within Creditors Subtotal							300	300	520
Accumulated Depreciation Impairment Property Plant Equipment				2 345	4 493	6 213
Additions Other Than Through Business Combinations Property Plant Equipment					300
Administration Support Average Number Employees				7	7	2
Administrative Expenses				51 701	55 442	51 157
Amounts Owed To Directors				2 250
Average Number Employees During Period							2	2	1
Cost Sales				24 622	4 363	4 126
Creditors				7 101	5 648	3 882	5 657	48 583	42 830
Depreciation Expense Property Plant Equipment				933	2 148	1 720
Depreciation Rate Used For Property Plant Equipment					20	20
Fixed Assets		2 271	24 677	25 874	8 596		5 157	4 126	3 301
Further Item Operating Income Component Total Other Operating Income					700
Gross Profit Loss				55 450	56 542	32 954
Increase From Depreciation Charge For Year Property Plant Equipment					2 148	1 720
Interest Income On Bank Deposits				46	16	32
Investments				15 430	-15 430
Investments Fixed Assets			13 300	15 430
Investments In Associates Joint Ventures Participating Interests				15 430	-15 430
Net Current Assets Liabilities	48 654	41 435	13 520	23 219	35 212	18 761	65 159	2 735	-8 347
Number Shares Issued Fully Paid				50 000	50 000	50 000
Operating Profit Loss				3 749	1 800	-18 203
Other Creditors					1 992
Other Interest Receivable Similar Income Finance Income				46	16	32
Other Operating Income Format1					700
Other Taxation Social Security Payable				3 651	2 456	2 682
Par Value Share					1	1
Pension Costs Defined Contribution Plan					62	162
Pension Other Post-employment Benefit Costs Other Pension Costs					62	162
Profit Loss				3 795	1 816	-18 171
Profit Loss On Ordinary Activities Before Tax				3 795	1 816	-18 171
Property Plant Equipment Gross Cost				12 789	13 089	13 089
Raw Materials				11 878	11 878	8 917
Revenue From Commissions						92
Revenue From Rendering Services				80 072	60 905	36 988
Staff Costs Employee Benefits Expense				44 243	48 131	45 073
Total Assets Less Current Liabilities	48 654	43 706	39 012	49 093	43 808	25 637	70 316	6 861	-5 046
Trade Debtors Trade Receivables				8 292	17 437
Turnover Revenue				80 072	60 905	37 080
Wages Salaries				44 243	48 069	44 911
Advances Credits Directors				2 250	1 992
Advances Credits Made In Period Directors				2 250
Advances Credits Repaid In Period Directors					4 242	1 992
Director Remuneration				12 694	15 821	16 553
Creditors Due After One Year			815	7 101
Creditors Due Within One Year	2 029	600	815
Tangible Fixed Assets Additions		2 839	9 950
Tangible Fixed Assets Cost Or Valuation		2 839	12 789	12 789
Tangible Fixed Assets Depreciation		568	1 412	2 345
Tangible Fixed Assets Depreciation Charged In Period		568	844	933

Company staff

Tilak K.

Role: Director

Appointed: 25 September 2013

Latest update: 26 February 2024

Basanta P.

Role: Director

Appointed: 25 September 2013

Resigned: 16 September 2020

Latest update: 26 February 2024

Tilak K.

Role: Director

Appointed: 09 September 2013

Resigned: 25 September 2013

Latest update: 26 February 2024

Basanta P.

Role: Director

Appointed: 09 September 2013

Resigned: 25 September 2013

Latest update: 26 February 2024

People with significant control

Tilak K.

Notified on 1 August 2016

Nature of control:

1/2 or less of shares

Basanta P.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	18 February 2024
Confirmation statement last made up date	04 February 2023

Annual Accounts 15 October 2014
Start Date For Period Covered By Report	2013-09-09
End Date For Period Covered By Report	2014-09-30
Date Approval Accounts	15 October 2014
Annual Accounts 21 June 2016
Start Date For Period Covered By Report	2014-10-01
End Date For Period Covered By Report	2015-09-30
Date Approval Accounts	21 June 2016
Annual Accounts 21 June 2017
Start Date For Period Covered By Report	2015-10-01
End Date For Period Covered By Report	2016-09-30
Date Approval Accounts	21 June 2017
Annual Accounts 9 March 2018
Start Date For Period Covered By Report	2016-10-01
End Date For Period Covered By Report	2017-09-30
Date Approval Accounts	9 March 2018
Annual Accounts
Start Date For Period Covered By Report	2017-10-01
End Date For Period Covered By Report	30 September 2018
Annual Accounts
Start Date For Period Covered By Report	1 October 2019
End Date For Period Covered By Report	30 September 2020
Annual Accounts
Start Date For Period Covered By Report	1 October 2020
End Date For Period Covered By Report	30 September 2021
Annual Accounts
Start Date For Period Covered By Report	1 October 2021
End Date For Period Covered By Report	30 September 2022
Annual Accounts
End Date For Period Covered By Report	30 September 2019

Innovtec Solutions Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Tilak K.

Basanta P.

Tilak K.

Basanta P.

People with significant control

Tilak K.

Basanta P.

Accounts Documents

Company filings

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