Innovation Works (lincs.) Ltd in Market Rasen, LN8 2BU

Description

Data updated on: 01-11-2023

The firm operates under the name of Innovation Works (lincs.) Ltd. This firm was founded 12 years ago and was registered under 08118818 as the reg. no. This office of this company is located in Market Rasen. You can contact it at Innovation Works Caenby Hall Business Park, Caenby Corner. five years ago this business switched its registered name from Timmins Engineering And Construction to Innovation Works (lincs.) Ltd. This business's SIC code is 68209 : Other letting and operating of own or leased real estate. Its latest financial reports were submitted for the period up to Sat, 31st Dec 2022 and the latest confirmation statement was released on Mon, 26th Jun 2023.

That limited company owes its achievements and permanent development to a team of two directors, who are David S. and Edward T., who have been managing the company since May 2016. What is more, the managing director's duties are constantly helped with by a secretary - Donna T., who was selected by the limited company in 2012.

Previous company's names
Innovation Works (lincs.) Ltd 2019-06-13
Timmins Engineering And Construction Limited 2012-06-26

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	31 744	109 909	196 983	377 111

Balance Sheet
Cash Bank On Hand					786	33 520	35 182	29 367
Current Assets	422 092	384 171	396 341	342 906	567 430	170 098	98 534	107 201
Debtors	345 801	289 478	270 191	316 070	566 644	136 578	63 352	77 834
Net Assets Liabilities					326 620	295 973	410 810	4 599 069
Other Debtors					411 607	2 929	24 190	1 584
Property Plant Equipment					1 336 986	1 242 099	1 283 602	1 383 822
Cash Bank In Hand	44 567	73 543	104 018	1 986
Net Assets Liabilities Including Pension Asset Liability	31 744	109 909	196 983	377 111
Stocks Inventory	31 724	21 150	22 132	24 850
Tangible Fixed Assets	4 934	130 618	190 765	243 748

Capital & Reserves
Called Up Share Capital	300	300	300	300
Profit Loss Account Reserve	31 444	109 609	196 683	376 811
Shareholder Funds	31 744	109 909	196 983	377 111

Other Financial Data
Amount Specific Advance Or Credit Directors					1 179	6 691	15 803	570
Amount Specific Advance Or Credit Made In Period Directors						11 140	22 494	29 877
Amount Specific Advance Or Credit Repaid In Period Directors					1 179	16 652		35 000
Accumulated Depreciation Impairment Property Plant Equipment					457 301	570 298	694 140	758 725
Average Number Employees During Period					35	1	3	3
Bank Borrowings					789 608	817 259	785 694	717 954
Bank Borrowings Overdrafts					765 440	793 335	737 023	692 326
Bank Overdrafts					192 202
Creditors					831 840	809 907	762 118	762 727
Disposals Decrease In Depreciation Impairment Property Plant Equipment						1 523		44 501
Disposals Property Plant Equipment						3 100		76 200
Dividends Paid								91 742
Finance Lease Liabilities Present Value Total					66 400	16 572	25 095	70 401
Fixed Assets	4 934	130 618	190 765	243 748		1 242 099	1 283 702	5 568 822
Increase From Depreciation Charge For Year Property Plant Equipment						114 520	123 842	109 086
Investments Fixed Assets							100	4 185 000
Investments In Group Undertakings							100	4 185 000
Net Current Assets Liabilities	26 833	25 347	61 945	187 582	-150 676	-39 598	5 366	-79 849
Number Shares Issued Fully Paid						300
Other Creditors					333 357	78 270	6 900	86 045
Other Taxation Social Security Payable					9 375	49 644	4 824	14 064
Par Value Share	1	1	1	1		1
Profit Loss								95 101
Property Plant Equipment Gross Cost					1 794 287	1 812 397	1 977 742	2 142 547
Provisions For Liabilities Balance Sheet Subtotal					27 850	102 514	116 140	127 177
Total Additions Including From Business Combinations Property Plant Equipment						21 210	165 345	241 005
Total Assets Less Current Liabilities	31 767	155 965	252 710	431 330	1 186 310	1 202 501	1 289 068	5 488 973
Total Borrowings					1 141 577	876 489	841 701	838 764
Trade Creditors Trade Payables					65 637	9 306	1 861	10 904
Trade Debtors Trade Receivables					155 037	133 649	39 162	76 250
Creditors Due After One Year		20 723	18 222	6 000
Creditors Due Within One Year	395 259	358 824	334 396	155 324
Number Shares Allotted	300	300	300	300
Provisions For Liabilities Charges	23	25 333	37 505	48 219
Share Capital Allotted Called Up Paid	300	300	300	300
Tangible Fixed Assets Additions	5 097	140 505	82 019	83 783
Tangible Fixed Assets Cost Or Valuation	5 097	145 602	227 621	311 404
Tangible Fixed Assets Depreciation	163	14 984	36 856	67 656
Tangible Fixed Assets Depreciation Charged In Period	163	14 821	21 872	30 800

Company staff

David S.

Role: Director

Appointed: 23 May 2016

Latest update: 24 January 2024

Edward T.

Role: Director

Appointed: 26 June 2012

Latest update: 24 January 2024

Donna T.

Role: Secretary

Appointed: 26 June 2012

Latest update: 24 January 2024

People with significant control

Executives with significant control over the firm are: Donna T. owns 1/2 or less of company shares. Edward T. owns 1/2 or less of company shares.

Donna T.

Notified on 14 September 2022

Nature of control:

1/2 or less of shares

Edward T.

Notified on 30 June 2016

Nature of control:

1/2 or less of shares

David S.

Notified on 30 June 2016

Ceased on 14 September 2022

Nature of control:

right to manage directors

Donna T.

Notified on 1 March 2021

Ceased on 28 July 2022

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Kennet T.

Notified on 30 June 2016

Ceased on 28 July 2022

Nature of control:

right to manage directors

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	10 July 2024
Confirmation statement last made up date	26 June 2023

Annual Accounts 31 May 2013
Start Date For Period Covered By Report	2012-06-26
End Date For Period Covered By Report	2012-12-31
Date Approval Accounts	31 May 2013
Annual Accounts
Start Date For Period Covered By Report	2013-01-01
Annual Accounts 27 March 2015
Start Date For Period Covered By Report	2014-01-01
End Date For Period Covered By Report	2014-12-31
Date Approval Accounts	27 March 2015
Annual Accounts 13 May 2016
Start Date For Period Covered By Report	2015-01-01
End Date For Period Covered By Report	2015-12-31
Date Approval Accounts	13 May 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022
Annual Accounts 30 April 2014
End Date For Period Covered By Report	2013-12-31
Date Approval Accounts	30 April 2014

Innovation Works (lincs.) Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

David S.

Edward T.

Donna T.

Kenneth T.

William T.

People with significant control

Donna T.

Edward T.

David S.

Donna T.

Kennet T.

Accounts Documents

Company filings

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