INNOVATION GROUP BUSINESS SERVICES LIMITED
Get an alert when INNOVATION GROUP BUSINESS SERVICES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-14 (in 5mo)
Last made up 2025-09-30
Watchouts
None on the register
Cash
£68K
+3% vs 2023
Net assets
-£4M
+0.1% vs 2023
Employees
20
+900% vs 2023
Profit before tax
£3K
+101.3% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | £576,000 | |
| Operating profit | £89,000 | £103,000 | |
| Profit before tax | -£231,000 | £3,000 | |
| Net profit | -£231,000 | £3,000 | |
| Cash | £66,000 | £68,000 | |
| Total assets less current liabilities | -£2,837,000 | -£3,259,000 | |
| Net assets | -£4,060,000 | -£4,057,000 | |
| Equity | -£4,060,000 | -£4,057,000 | |
| Average employees | 2 | 20 | |
| Wages | — | £529,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | — | 17.9% | |
| Net margin | — | 0.5% | |
| Return on capital employed | -3.1% | -3.2% | |
| Gearing (liabilities / total assets) | 647.9% | 803.1% | |
| Current ratio | 0.02x | 0.03x | |
| Interest cover | 0.17x | 0.93x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors assess the Company's going concern for a period of 12 months from the time of approving the financial statements and consider the facts and circumstances during that year and events since the year end date. The Directors have drawn up cash flow forecasts for the Company through to December 2027 taking account of the current position of the Company and the support available to the Innovation Group Holdings Limited group of companies (the "Group"). In addition, the Directors have received confirmation that Innovation Group Holdings Limited intends to support the Company for at least one year from the date of signing these financial statements. Therefore, the Directors consider that it is appropriate to adopt the going concern basis in preparing the financial statements.”
Significant events
- “From 1 April 2024 all employees of a fellow subsidiary: Innovation IP (Proprietary) Limited have been re-contracted within the South African branch of the Company. Operations within the entity have therefore been scaled up and IT support services are being performed from this entity from this date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAUGH, Magdalena Barbara | Director | 2024-12-16 | Nov 1980 | British,Polish |
| GAZEY, Steven Joseph | Director | 2026-01-01 | Apr 1976 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LIDDIARD, James Anderson | Secretary | 2016-11-02 | 2017-08-25 |
| COGGIN, James | Director | 2024-12-16 | 2025-12-31 |
| GRIFFITHS, Timothy Philip | Director | 2022-12-20 | 2025-02-28 |
| HIRSCH-ANGUS, Vanessa Jane Elisabeth | Director | 2017-06-30 | 2019-10-01 |
| MARNOCH, Alasdair, Mr. | Director | 2016-11-02 | 2022-12-31 |
| MOLITOR, Cyril David Marc Patrick | Director | 2016-11-02 | 2017-06-05 |
| VAN STADEN, Andries Jacobus | Director | 2017-06-05 | 2024-05-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Innovation Group (Emea) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-02 | Active |
Filing timeline
Last 20 of 62 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-30 | AA | accounts | Accounts with accounts type full | |
| 2025-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-20 | CH01 | officers | Change person director company with change date | |
| 2024-12-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-10 | AA | accounts | Accounts with accounts type full | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-17 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2023-10-17 | PARENT_ACC | accounts | Legacy | |
| 2023-10-17 | GUARANTEE2 | other | Legacy | |
| 2023-10-17 | AGREEMENT2 | other | Legacy | |
| 2023-10-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-01-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-01-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-01-11 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
+3%
£66,000 £68,000
-
Net assets
+0.1%
-£4,060,000 -£4,057,000
-
Employees
+900%
2 20
-
Operating profit
+15.7%
£89,000 £103,000
-
Profit before tax
+101.3%
-£231,000 £3,000
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