INNOVATIVE TECHNOLOGY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-12 (in 6mo)
Last made up 2025-10-29
Watchouts
None on the register
Cash
£16M
+51.5% vs 2023
Net assets
£37M
+2.2% vs 2023
Employees
200
+2% vs 2023
Profit before tax
£11M
+10.6% vs 2023
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 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 | — | — | — | — | — | £63,368,000 | £64,266,000 | |
| Operating profit | — | — | — | — | — | £10,219,000 | £10,760,000 | |
| Profit before tax | — | — | — | — | — | £10,398,000 | £11,496,000 | |
| Net profit | — | — | — | — | — | £10,101,000 | £9,910,000 | |
| Cash | — | — | — | — | — | £10,347,000 | £15,678,000 | |
| Total assets less current liabilities | — | — | — | — | — | £36,105,000 | £37,008,000 | |
| Net assets | — | — | — | — | — | £35,873,000 | £36,674,000 | |
| Equity | £20,147,000 | £20,277,000 | £21,932,000 | £20,534,000 | £27,303,000 | £35,873,000 | £36,674,000 | |
| Average employees | — | — | — | — | — | 196 | 200 | |
| Wages | — | — | — | — | — | £10,994,000 | £10,256,000 | |
| Directors' remuneration | — | — | — | — | — | £3,365,000 | £2,102,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+1.4%
£63,368,000 £64,266,000
-
Cash
+51.5%
£10,347,000 £15,678,000
-
Net assets
+2.2%
£35,873,000 £36,674,000
-
Employees
+2%
196 200
-
Operating profit
+5.3%
£10,219,000 £10,760,000
-
Profit before tax
+10.6%
£10,398,000 £11,496,000
-
Wages
-6.7%
£10,994,000 £10,256,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 16.1% | 16.7% | |
| Net margin | — | — | — | — | — | 15.9% | 15.4% | |
| Return on capital employed | — | — | — | — | — | 28.3% | 29.1% | |
| Current ratio | — | — | — | — | — | 4.20x | 3.62x |
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.
Name history
Renamed 1 time since incorporation
- INNOVATIVE TECHNOLOGY LIMITED 1985-12-09 → present
- SWIFT 929 LIMITED 1985-11-05 → 1985-12-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- INNOVATIVE TECHNOLOGY LIMITED · parent
- Bellis Technology Limited
- Bellis Technologia E Automacao Ltda
- Innovative Technology Americas, Inc
- Innovative Technology (Asia Pacific) Pty Ltd
- Innovative Technology S R.L
- Innovative Technology (China) Limited
- Innovative PPAS Limited
- Innoprint Limited
- Innosery Limited
- Crypcc Limited
- Innovative Technology GmbH
Significant events
- “The directors believe that the development and release of new products represents a significant factor in offsetting the commercial risks in its current markets.”
- “The Company continues to operate in a competitive and challenging business environment, however growth is starting to come from the investments made through the past six years.”
- “During this year, the Board has continued to address the risks and opportunities in relation to the product offering, cyber security, and the development pipeline.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PENNINGTON-BROOKFIELD, Thomas Donald | Secretary | 2018-05-10 | — | — |
| BELLIS, Robert David | Director | — | Jan 1938 | British |
| CROWLEY, Timothy Jude | Director | 2009-03-13 | Aug 1963 | Irish |
| DUNLOP, Peter Ian | Director | 2005-07-15 | Jun 1975 | British |
| HADJ AHMED, Mustapha | Director | 2000-12-22 | Feb 1960 | Spanish |
| MORRISON, Anthony Edward | Director | 2012-06-15 | Dec 1965 | British |
| PENNINGTON-BROOKFIELD, Thomas Donald | Director | 2014-12-12 | Oct 1979 | British |
| ROBINSON, Christopher John Charles | Director | 2017-04-03 | Jun 1977 | British |
| ROBINSON, John Edwin | Director | 2016-01-15 | Dec 1982 | British |
| TIEDT, Marcus | Director | 2007-02-16 | Mar 1968 | German |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELLIS, Brenda | Secretary | — | 1995-12-23 |
| EVANS, Grenville Alun | Secretary | 2010-10-15 | 2018-05-10 |
| LYNES, Maureen Josephine | Secretary | 2001-04-03 | 2003-10-17 |
| TOWEY, Aidan Padraig | Secretary | 2003-10-17 | 2010-10-15 |
| TOWEY, Aidan Padraig | Secretary | 1995-12-21 | 2001-04-03 |
| ASHURST, Kevin Brian | Director | 1994-03-29 | 2007-05-25 |
| BAILEY, John William | Director | 1998-11-23 | 2000-03-16 |
| BELLIS, Brenda | Director | — | 2007-05-22 |
| EVANS, Grenville Alun | Director | 2007-09-03 | 2015-03-31 |
| HEPPENSTALL, Richard Allan | Director | 2004-07-01 | 2005-04-29 |
| JACKSON, John Stephen | Director | 2003-12-31 | 2005-07-14 |
| LEE, Anthony Michael | Director | 1998-11-01 | 1999-10-08 |
| MOCHRIE, Craig Campbell | Director | 1996-11-01 | 2003-12-31 |
| SMITH, Paul Andrew | Director | 2017-04-03 | 2022-06-03 |
| STRONG, Matthew James | Director | 2016-01-15 | 2017-04-03 |
| TOWEY, Aidan Padraig | Director | 1996-11-01 | 2017-04-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bellis Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 166 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-16 | AA | accounts | Accounts with accounts type full | |
| 2024-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-08 | AA | accounts | Accounts with accounts type full | |
| 2023-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2022-11-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-09-22 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-01 | AA | accounts | Accounts with accounts type full | |
| 2021-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-16 | AA | accounts | Accounts with accounts type full | |
| 2019-10-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-08-20 | CH01 | officers | Change person director company with change date | |
| 2019-06-12 | AA | accounts | Accounts with accounts type full | |
| 2019-01-28 | AP03 | officers | Appoint person secretary company with name date | |
| 2019-01-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2018-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-04-06 | 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.