Max Innovate Limited in Coventry, CV7 7LT

Description

Data updated on: 01-11-2023

The company is widely known as Max Innovate Limited. This firm first started fourteen years ago and was registered with 07221619 as the registration number. The head office of the firm is situated in Coventry. You may visit it at 127 Fillongley Road, Meriden. Since 2017-01-05 Max Innovate Limited is no longer under the name Max Solutions (northern). This enterprise's registered with SIC code 8990 which means Other mining and quarrying n.e.c.. Max Innovate Ltd released its latest accounts for the period up to Fri, 30th Sep 2022. The latest annual confirmation statement was filed on Thu, 3rd Nov 2022.

Within the business, the full extent of director's duties have so far been done by Fintan M. who was assigned this position on 2016-03-01. This business had been governed by Fintan M. till 2012. Furthermore another director, namely Donna M. gave up the position in May 2017.

Fintan M. is the individual who has control over this firm, owns over 3/4 of company shares.

Previous company's names
Max Innovate Limited 2017-01-05
Max Solutions (northern) Limited 2010-04-13

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-04-30	2012-04-30	2013-03-31	2014-03-31	2015-03-31	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1	1	10 953	16 527	36 092	84 430

Balance Sheet
Cash Bank On Hand						60 039	85 848	437 154	232 390	1 200 036	222 020	183 695	140 490
Current Assets			119 819	62 823	284 678	164 019	747 179	1 497 488	423 907	1 943 717	1 119 152	1 420 247	1 885 797
Debtors			8 828	35 712	146 846	79 980	645 831	795 433	186 260	398 681	775 132	1 157 552	1 538 307
Net Assets Liabilities						78 323	103 320	280 874	197 286	170 358	167 100	385 326	659 215
Other Debtors						47 475	95 101	77 809	38 205	88 337	250 017	593 947	1 385 202
Property Plant Equipment							140 831	329 038	231 000	340 062	288 575	531 689	450 603
Total Inventories						24 000	15 500	264 901	8 648	345 000	122 000	79 000	207 000
Cash Bank In Hand			110 991	27 111	137 832	60 039
Net Assets Liabilities Including Pension Asset Liability	1	1	10 953	16 527	36 092	84 430
Tangible Fixed Assets			12 657	8 084	3 611
Stocks Inventory						24 000

Capital & Reserves
Called Up Share Capital		1	1	1	1	1
Profit Loss Account Reserve			10 952	16 526	36 091	84 429
Shareholder Funds	1	1	10 953	16 527	36 092	84 430

Other Financial Data
Description Share Type		1
Accumulated Depreciation Impairment Property Plant Equipment						13 000	162	53 401	93 039	138 829	108 333	103 909	192 419
Additions Other Than Through Business Combinations Intangible Assets											4 000	16 000
Additions Other Than Through Business Combinations Property Plant Equipment							140 993	241 446	402	154 852	103 442	357 690	7 424
Amounts Owed By Related Parties									38
Average Number Employees During Period						2	2	5	5	5	4	6	6
Bank Borrowings										131 400	175 505	99 339	34 911
Creditors						68 390	758 171	38 601	6 935	177 230	220 366	363 841	230 072
Depreciation Expense Property Plant Equipment						3 611	163	53 238	47 690	45 789	45 430	49 716	88 510
Disposals Decrease In Depreciation Impairment Property Plant Equipment							-13 000		-8 050		-75 927	-54 141
Disposals Property Plant Equipment							-13 000		-58 802		-185 425	-119 000
Finance Lease Liabilities Present Value Total								38 601	6 935	45 830	44 861	84 200	69 211
Fixed Assets			12 657	8 084	3 611					340 062	292 575	540 344	459 137
Government Grant Income										52 900	74 145
Increase From Depreciation Charge For Year Property Plant Equipment							162	53 239	47 688	45 790	45 431	49 718	88 510
Increase In Loans Owed By Related Parties Due To Loans Advanced									38	4 823
Intangible Assets											4 000	8 655	8 534
Intangible Assets Gross Cost											4 000	8 655	8 534
Loans Owed By Related Parties									38	4 861
Net Current Assets Liabilities			14 296	39 443	44 481	84 430	-10 992	44 454	16 787	63 498	167 489	323 376	525 533
Nominal Value Allotted Share Capital									110	110	110	110	110
Number Shares Issued Fully Paid						1	100	100	110	110	110	110	110
Other Creditors						30	153 659	574 091	16 623	3 498	475 118	23 632	15 049
Other Inventories						24 000				115 000	122 000	79 000	207 000
Par Value Share		1		1	1	1	1	1	1	1	1	1	1
Prepayments								44 450	991	540	6 734	2 514	12 049
Property Plant Equipment Gross Cost						13 000	140 993	382 439	324 039	478 891	396 908	635 598	643 022
Provisions For Liabilities Balance Sheet Subtotal							26 519	54 017	43 566	55 972	72 598	114 552	95 383
Taxation Social Security Payable						36 436	27 118	327 169	47 405	482 388	232 072	55 016	367 984
Total Assets Less Current Liabilities		1	26 953	47 527	48 092	84 430	129 839	373 492	251 177	403 560	460 064	863 719	984 670
Total Borrowings								38 601	6 935	177 230	220 366	363 841	230 072
Total Increase Decrease From Revaluations Intangible Assets												-11 345	-121
Trade Creditors Trade Payables						31 924	577 394	525 124	325 042	1 334 681	115 843	741 259	813 784
Trade Debtors Trade Receivables						15 199	550 730	673 174	147 064	309 803	518 381	561 091	141 056
Work In Progress							15 500	264 901	8 648	230 000
Amount Specific Advance Or Credit Directors								68	12 779	50 576	22 719	-115 782
Amount Specific Advance Or Credit Made In Period Directors							45 053		118 254	144 148	84 358	85 568
Amount Specific Advance Or Credit Repaid In Period Directors							-57 178		-167 321	-106 351	-112 215	-224 069
Creditors Due After One Year			16 000	31 000	12 000
Creditors Due Within One Year			105 523	23 380	240 197	79 589
Number Shares Allotted		1		1	1	1
Called Up Share Capital Not Paid Not Expressed As Current Asset	1	1
Share Capital Allotted Called Up Paid	1	1		1	1	1
Tangible Fixed Assets Additions			13 479
Tangible Fixed Assets Cost Or Valuation			13 479	13 479	13 479
Tangible Fixed Assets Depreciation			822	5 395	9 868
Tangible Fixed Assets Depreciation Charged In Period			822	4 573	4 473	3 611
Tangible Fixed Assets Depreciation Decrease Increase On Disposals						13 479
Tangible Fixed Assets Disposals						13 479