Inovit Limited in Bewdley, DY12 2TZ

Description

Data updated on: 01-11-2023

Inovit began its business in 2014 as a Private Limited Company registered with number: 09266406. This particular business has been prospering for 10 years and it's currently active. The firm's registered office is situated in Bewdley at 15 Bewdley Business Park. You could also locate the firm using the post code, DY12 2TZ. This company debuted under the name Inovit Wheels, though for the last 9 years has operated under the name Inovit Limited. This firm's classified under the NACE and SIC code 45310 meaning Wholesale trade of motor vehicle parts and accessories. The latest annual accounts describe the period up to Fri, 31st Dec 2021 and the most recent confirmation statement was filed on Mon, 28th Nov 2022.

Right now, this specific business is guided by one managing director: Adam B., who was assigned to lead the company on Friday 10th July 2015. Since October 2014 Deming Z., had been fulfilling assigned duties for this specific business up until the resignation in July 2015.

Previous company's names
Inovit Limited 2015-08-20
Inovit Wheels Limited 2014-10-16

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency
Net Worth	78 037

Balance Sheet
Cash Bank On Hand	22 681	73 808	29 141	16 337	23 130	18 961	15 121
Current Assets	197 402	325 850	349 255	270 286	303 922	344 962	417 205
Debtors	58 678	97 514	111 763	54 489	65 529	130 770	104 774
Net Assets Liabilities					-128 419	-79 112	-56 044
Other Debtors	20 056	10 596	10 423	17 050	18 771	23 014	18 902
Property Plant Equipment	2 000	4 580	3 310	2 040	770	17 499	13 999
Total Inventories	116 043	200 886	208 351	199 460	215 263	195 231	297 310
Cash Bank In Hand	22 681
Intangible Fixed Assets	8 000
Stocks Inventory	116 043
Tangible Fixed Assets	2 000

Capital & Reserves
Called Up Share Capital	50 000
Profit Loss Account Reserve	28 037
Shareholder Funds	78 037

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	2 000	4 000	6 000	8 000	10 000	10 000
Accumulated Depreciation Impairment Property Plant Equipment	500	1 770	3 040	4 310	5 580	6 350	9 850
Average Number Employees During Period				4	4	4	5
Bank Borrowings Overdrafts						45 140	34 167
Corporation Tax Payable	7 538	16 285	80
Corporation Tax Recoverable				8 875
Creditors	129 365	220 444	376 280	406 856	433 211	45 140	34 167
Dividends Paid On Shares				2 000
Fixed Assets	10 000	10 580	7 310	4 140	870	17 599	14 099
Increase From Amortisation Charge For Year Intangible Assets		2 000	2 000	2 000	2 000
Increase From Depreciation Charge For Year Property Plant Equipment		1 270	1 270	1 270	1 270	770	3 500
Intangible Assets	8 000	6 000	4 000	2 000
Intangible Assets Gross Cost	10 000	10 000	10 000	10 000	10 000	10 000
Investments Fixed Assets				100	100	100	100
Investments In Group Undertakings Participating Interests				100	100	100	100
Net Current Assets Liabilities	68 037	105 406	-27 025	-136 570	-129 289	-51 571	-35 976
Number Shares Issued Fully Paid			50 000
Other Creditors	9 303	7 806	10 632	19 063	8 436	10 252	8 510
Other Taxation Social Security Payable	5 380	16 190	15 105	8 028	21 128	12 820	14 420
Par Value Share	1		1
Property Plant Equipment Gross Cost	2 500	6 350	6 350	6 350	6 350	23 849
Total Additions Including From Business Combinations Property Plant Equipment		3 850				17 499
Total Assets Less Current Liabilities	78 037	115 986	-19 715	-132 430	-128 419	-33 972	-21 877
Trade Creditors Trade Payables	107 144	322 827	350 463	379 765	403 647	368 601	420 251
Trade Debtors Trade Receivables	38 622	86 918	101 340	28 564	46 758	107 756	85 872
Creditors Due Within One Year	129 365
Intangible Fixed Assets Additions	10 000
Intangible Fixed Assets Aggregate Amortisation Impairment	2 000
Intangible Fixed Assets Amortisation Charged In Period	2 000
Intangible Fixed Assets Cost Or Valuation	10 000
Number Shares Allotted	50 000
Share Capital Allotted Called Up Paid	50 000
Tangible Fixed Assets Additions	2 500
Tangible Fixed Assets Cost Or Valuation	2 500
Tangible Fixed Assets Depreciation	500
Tangible Fixed Assets Depreciation Charged In Period	500

Company staff

Adam B.

Role: Director

Appointed: 10 July 2015

Latest update: 22 February 2024

People with significant control

Yingshen M. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Yingshen M.

Notified on 18 December 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Adam B.

Notified on 6 April 2016

Ceased on 18 December 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Deming Z.

Notified on 6 April 2016

Ceased on 15 November 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 December 2021
Confirmation statement next due date	12 December 2023
Confirmation statement last made up date	28 November 2022

Annual Accounts 13 January 2017
Start Date For Period Covered By Report	2014-10-16
End Date For Period Covered By Report	2015-12-31
Date Approval Accounts	13 January 2017
Annual Accounts
Start Date For Period Covered By Report	2016-01-01
End Date For Period Covered By Report	2016-12-31
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31

Inovit Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Adam B.

Deming Z.

People with significant control

Yingshen M.

Adam B.

Deming Z.

Accounts Documents

Company filings

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