INNOVATIVE SYSTEMS INCORPORATED
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Cash
£76K
-22.9% vs 2023
Net assets
£3M
+15.6% vs 2023
Employees
34
+3% vs 2023
Profit before tax
£536K
+7.3% vs 2023
Name history
Renamed 1 time since incorporation
- INNOVATIVE SYSTEMS INCORPORATED 1995-09-21 → present
- ISI INTERNATIONAL INC. 1988-06-15 → 1995-09-21
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £4,612,792 | £4,594,079 | |
| Operating profit | £499,742 | £536,066 | |
| Profit before tax | £499,742 | £536,066 | |
| Net profit | £418,494 | £417,644 | |
| Cash | £98,384 | £75,881 | |
| Total assets less current liabilities | £2,683,988 | £3,101,632 | |
| Net assets | £2,683,988 | £3,101,632 | |
| Equity | £2,683,988 | £3,101,632 | |
| Average employees | 33 | 34 | |
| Wages | £3,357,297 | £3,248,842 |
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 | 10.8% | 11.7% | |
| Net margin | 9.1% | 9.1% | |
| Return on capital employed | 18.6% | 17.3% | |
| Current ratio | 28.48x | 36.52x | |
| Interest cover | 1411.70x | 1718.16x |
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 §1A
- Reporting scope
- Standalone (parent only)
- Audit opinion
- Unaudited (audit-exempt)
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KOLIC, Mary Jane | Secretary | 2014-06-03 | — | — |
| COLONNA, Robert Jerome | Director | 1988-08-31 | Mar 1939 | American |
| HOLTSCHLAG, David Michael | Director | 2024-10-08 | Feb 1966 | American |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALLINTINE, Audrey N. | Secretary | 1988-08-31 | 1993-07-31 |
| DIPPEL, Robert H. | Secretary | 1988-08-31 | 1993-07-31 |
| CARMONE, Frank | Director | 1988-08-31 | 1988-12-25 |
| GAUGH, Richard | Director | 1988-08-31 | 1991-07-29 |
| MCCOMB, John P. | Director | 1988-08-31 | 1990-10-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-02 | AA | accounts | Accounts with accounts type full | |
| 2025-06-19 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2024-11-20 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2024-11-20 | OSCH03 | officers | Change person director overseas company with change date | |
| 2024-09-04 | AA | accounts | Accounts with accounts type full | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | AA | accounts | Accounts with accounts type full | |
| 2021-08-16 | AA | accounts | Accounts with accounts type full | |
| 2020-10-01 | AA | accounts | Accounts with accounts type full | |
| 2019-09-19 | AA | accounts | Accounts with accounts type full | |
| 2018-10-16 | AA | accounts | Accounts with accounts type full | |
| 2017-11-01 | AA | accounts | Accounts with accounts type full | |
| 2017-01-05 | AA | accounts | Accounts with accounts type full | |
| 2016-01-13 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2016-01-05 | AA | accounts | Accounts with accounts type full | |
| 2015-03-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2015-03-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2015-03-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2015-03-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2015-02-19 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-0.4%
£4,612,792 £4,594,079
-
Cash
-22.9%
£98,384 £75,881
-
Net assets
+15.6%
£2,683,988 £3,101,632
-
Employees
+3%
33 34
-
Operating profit
+7.3%
£499,742 £536,066
-
Profit before tax
+7.3%
£499,742 £536,066
-
Wages
-3.2%
£3,357,297 £3,248,842
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