INNOVATE SERVICES LIMITED
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2027-03-09 (in 10mo)
Last made up 2026-02-23
Watchouts
None on the register
Cash
£1M
-76.1% vs 2024
Net assets
£12M
+38.7% vs 2024
Employees
3,203
+23.3% vs 2024
Profit before tax
£4M
+107.1% vs 2024
Name history
Renamed 1 time since incorporation
- INNOVATE SERVICES LIMITED 2008-04-17 → present
- COOKS@SCHOOLS LIMITED 2007-11-07 → 2008-04-17
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Turnover | £90,424,000 | £117,039,000 | |
| Operating profit | £2,086,000 | £4,318,000 | |
| Profit before tax | £2,087,000 | £4,323,000 | |
| Net profit | £1,697,000 | £3,449,000 | |
| Cash | £5,524,000 | £1,321,000 | |
| Total assets less current liabilities | £9,713,000 | £13,547,000 | |
| Net assets | £8,917,000 | £12,366,000 | |
| Equity | £8,917,000 | £12,366,000 | |
| Average employees | 2,597 | 3,203 | |
| Wages | £40,167,000 | £56,949,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | 2.3% | 3.7% | |
| Net margin | 1.9% | 2.9% | |
| Return on capital employed | 21.5% | 31.9% | |
| Current ratio | 1.14x | 1.10x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having assessed the financial forecasts and available mitigating actions, the directors have a reasonable expectation that the Group and Company have adequate resources to continue in operational existence for the next 12 months from the date of approval of these accounts. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “The year saw strong trading for Innovate with revenue for the 12-month trading period ended 31 July 2025 reaching £117.0m (2024: £90.4m), an increase of 29.4% compared to the previous year. Growth benefited from strong retention rates for the year at 96.6% and new business wins.”
- “The digital transformation launched in 2024 continued throughout 2025 and is in many ways complete.”
- “Key decisions during the year included ongoing capital investment in new and retained business wins.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BANDURA, Frank | Director | 2023-06-27 | Jun 1966 | British |
| TAYLOR, Richard James Wallington | Director | 2023-06-27 | Aug 1968 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GIANFRANCESCO, Joseph | Secretary | 2009-09-30 | 2010-11-19 |
| PEPPIATT, Geoffrey Owen | Secretary | 2007-11-07 | 2009-09-30 |
| CALLCUT, Michele Sara | Director | 2016-07-06 | 2020-06-11 |
| CATHCART, Alun | Director | 2009-07-01 | 2010-09-30 |
| HAMILL, John Patrick | Director | 2018-12-03 | 2023-06-21 |
| LUBNER, Derek | Director | 2010-03-30 | 2018-02-09 |
| MARTIN, Derick Charles | Director | 2007-11-07 | 2015-07-30 |
| MORRIS, Phillip James | Director | 2018-11-23 | 2019-07-15 |
| NAVIN, Kenneth John | Director | 2017-09-14 | 2020-06-11 |
| PEPPIATT, Geoffrey Owen | Director | 2015-10-01 | 2020-06-11 |
| PEPPIATT, Geoffrey Owen | Director | 2007-11-07 | 2014-12-01 |
| ROZIER, Jane | Director | 2010-07-01 | 2015-10-28 |
| SHAH, Ajay Kumar | Director | 2020-06-11 | 2022-08-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| I Catering Management Services Ltd | Corporate entity | Shares 75–100% | 2016-12-01 | Active |
Filing timeline
Last 20 of 104 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-04 | AA | accounts | Accounts with accounts type full | |
| 2026-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-11 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-04 | AA | accounts | Accounts with accounts type full | |
| 2023-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-13 | AA | accounts | Accounts with accounts type full | |
| 2023-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-08-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-08-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-03-15 | AA | accounts | Accounts with accounts type full | |
| 2022-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-09 | AA | accounts | Accounts with accounts type full | |
| 2021-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31
-
Turnover
+29.4%
£90,424,000 £117,039,000
-
Cash
-76.1%
£5,524,000 £1,321,000
-
Net assets
+38.7%
£8,917,000 £12,366,000
-
Employees
+23.3%
2,597 3,203
-
Operating profit
+107%
£2,086,000 £4,318,000
-
Profit before tax
+107.1%
£2,087,000 £4,323,000
-
Wages
+41.8%
£40,167,000 £56,949,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers