UK Companies House feature
INVENIAS LIMITED
Cash
£2M
-33.8% vs 2023
Net assets
-£10M
-214.6% vs 2023
Employees
92
+196.8% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 05323637
- Status
- Active
- Incorporation
- 2005-01-04
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | — | £2,898,866 | £1,112,833 | -£3,919,475 | -£3,303,939 | -£6,949,119 | |
| Cash | — | — | £3,064,195 | £2,078,128 | £2,760,724 | £3,757,756 | £2,485,858 | |
| Total assets less current liabilities | — | — | £3,999,211 | — | £67,840 | £117,352,232 | £121,602,063 | |
| Net assets | — | — | £3,999,211 | £3,985,498 | £66,023 | -£3,237,916 | -£10,187,035 | |
| Equity | £344,144 | £1,100,345 | £3,999,211 | — | £66,023 | -£3,237,916 | -£10,187,035 | |
| Average employees | — | — | 34 | 32 | 31 | 31 | 92 | |
| Wages | — | — | — | £1,710,003 | £1,808,109 | £1,927,759 | £6,437,768 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, which assumes the Group and Company will continue in operational existence for the foreseeable future. The directors have reviewed detailed forecasts and plans, they have also made enquiries, indicating that the Group and Company has sufficient funding to continue its operations for a minimum of 12 months from the date of approval of these financial statements. The directors have also received confirmation that intercompany balances will not be required to be paid for a period until at least 12 months following the approval of these financial statements where it would call into question the going concern status of the business. For the reasons set out above, the directors have prepared the financial statements on a going concern basis, and have concluded that there are no material uncertainties related to going concern.”
Subsidiaries
- Sourcebreaker Limited · 100% held · United Kingdom
- Cube 19 Limited · 100% held · United Kingdom
- Cube 19 Inc · 100% held · Kent
- Cube 19 Australia Pty Limited · 100% held · Sydney NSW
- Sirenum Limited · 100% held · United Kingdom
- Napsbury Limited · 100% held · United Kingdom
- Bond International Software (UK) Limited · 100% held · United Kingdom
- Bond International Software Singapore Pte Limited · 100% held · Singapore
- Innovantage Systems Limited · 100% held · United Kingdom
- Bond International Software China Limited · 100% held · Hong Kong
Significant events
- “The Company plans to complete a restructuring of its subsidiaries in 2025 and 2026 for the purpose of reducing administrative costs. As part of this restructuring the Company plans to assume the customer contracts and obligations of its UK subsidiaries and close these entities during 2026. The restructuring will comprise the following subsidiaries; Sourcebreaker Limited, Cube 19 Limited, Sirenum Limited, Bond International Software (UK) Limited and Innovantage Systems Limited.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
1 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SYLVESTER, Brian | Director | 2018-07-24 | May 1982 | American |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARRISON, Richard Anthony | Secretary | 2006-02-10 | 2014-05-13 |
| HARRISON, Terence Arthur | Secretary | 2005-01-04 | 2006-02-10 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2005-01-04 | 2005-01-04 |
| COKER, Jonathan Edgar | Director | 2013-04-17 | 2018-07-24 |
| FARMER, Mark | Director | 2014-05-13 | 2018-07-24 |
| GRUNDY, David Matthew | Director | 2006-02-10 | 2018-07-24 |
| HARRISON, Richard Anthony | Director | 2005-01-04 | 2018-07-24 |
| HYDE, Daniel | Director | 2010-12-17 | 2017-09-15 |
| IRVINE, Jonathan Paul | Director | 2010-12-17 | 2017-09-15 |
| PAPAS, Arthur | Director | 2018-07-24 | 2025-09-05 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2005-01-04 | 2005-01-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jeff Horing | Individual | Significant influence | 2018-07-24 | Ceased 2020-09-30 |
| Mr David Matthew Grundy | Individual | Shares 25–50% | 2017-09-15 | Ceased 2018-07-24 |
| Mainspring Nominees (2) Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-07 | Ceased 2018-07-24 |
Filing timeline
Last 20 of 149 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-22 | AA | accounts | accounts with accounts type group |
| 2025-09-30 | RESOLUTIONS | resolution | resolution |
| 2025-09-30 | MA | incorporation | memorandum articles |
| 2025-09-08 | TM01 | officers | termination director company with name termination date |
| 2025-08-25 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-18 | AA | accounts | accounts with accounts type group |
| 2025-07-04 | AD01 | address | change registered office address company with date old address new address |
| 2025-03-27 | AA | accounts | accounts with accounts type group |
| 2024-08-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-22 | AA | accounts | accounts with accounts type small |
| 2023-08-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-05 | DISS40 | gazette | gazette filings brought up to date |
| 2023-02-28 | GAZ1 | gazette | gazette notice compulsory |
| 2022-11-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-05-10 | RESOLUTIONS | resolution | resolution |
| 2022-05-05 | SH01 | capital | capital allotment shares |
| 2022-04-22 | SH19 | capital | capital statement capital company with date currency figure |
| 2022-04-21 | SH20 | capital | legacy |
| 2022-04-21 | CAP-SS | insolvency | legacy |
| 2022-04-21 | RESOLUTIONS | resolution | resolution |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory