INVERTEK DRIVES LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-12-16 (in 7mo)
Last made up 2025-12-02
Watchouts
None on the register
Cash
£4M
+27.8% vs 2024
Net assets
£61M
+14.6% highest in 6 filed years
Employees
397
-6.6% vs 2024
Profit before tax
£9M
+33.9% vs 2024
Net assets
10-year trend · vs Technology median
Accounts
10-year trend · latest reflected 2025-12-31
| Metric | Trend | 2019-10-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-01-01 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | £61,320,199 | £72,840,487 | |
| Operating profit | — | — | — | — | — | — | — | — | £7,807,701 | £9,953,980 | |
| Profit before tax | — | — | — | — | — | — | — | — | £6,771,360 | £9,066,405 | |
| Net profit | — | £5,286,575 | — | £5,088,285 | — | £5,326,131 | £13,946,692 | — | £5,689,660 | £7,991,663 | |
| Cash | — | £7,037,983 | — | £8,636,108 | — | £4,679,508 | £13,916,172 | — | £3,231,502 | £4,129,291 | |
| Total assets less current liabilities | — | £24,117,424 | — | £28,993,677 | — | £34,750,389 | £49,098,094 | — | £55,219,556 | £63,033,205 | |
| Net assets | — | — | — | £27,704,803 | — | £33,030,934 | £46,977,626 | — | £52,963,883 | £60,714,467 | |
| Equity | £17,240,033 | £22,616,518 | £22,616,518 | £27,704,803 | £27,704,803 | £33,030,934 | £46,977,626 | £46,977,626 | £52,963,883 | £60,714,467 | |
| Average employees | — | 224 | — | 260 | — | 324 | 370 | — | 425 | 397 | |
| Wages | — | — | — | — | — | — | — | — | £18,907,540 | £19,539,867 | |
| Directors' remuneration | — | — | — | — | — | — | — | — | £1,340,845 | £1,725,965 |
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
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
+18.8%
£61,320,199 £72,840,487
-
Cash
+27.8%
£3,231,502 £4,129,291
-
Net assets
+14.6%
£52,963,883 £60,714,467
highest in 5 filed years
-
Employees
-6.6%
425 397
-
Operating profit
+27.5%
£7,807,701 £9,953,980
-
Profit before tax
+33.9%
£6,771,360 £9,066,405
-
Wages
+3.3%
£18,907,540 £19,539,867
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 | 2019-10-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-01-01 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 12.7% | 13.7% | |
| Net margin | — | — | — | — | — | — | — | — | 9.3% | 11.0% | |
| Return on capital employed | — | — | — | — | — | — | — | — | 14.1% | 15.8% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | — | — | 33.3% | 25.4% | |
| Current ratio | — | — | — | — | — | — | — | — | 2.27x | 3.07x | |
| Interest cover | — | — | — | — | — | — | — | — | 7.45x | 11.21x |
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 2 times since incorporation
- INVERTEK DRIVES LIMITED 1998-06-08 → present
- INVERTEK LIMITED 1998-03-19 → 1998-06-08
- FORAY 1072 LIMITED 1998-02-05 → 1998-03-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- WR Partners
- 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.”
Group structure
- INVERTEK DRIVES LIMITED · parent
- Invertek Drives (Shenyang) Limited 100%
- Invertek Drives GmbH 100%
- Invertek Drives Polska Sp.z.O.O 100%
- Invertek Drives USA LLC 100%
- Invertek Drives Iberica 100%
Significant events
- “During the year, the company was honoured with a King's Award for Enterprise for International Trade, recognising its sustained export performance and continued expansion across global markets.”
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 |
|---|---|---|---|---|
| BLOMMAERTS, Joris Felicitas Francois | Director | 2019-11-07 | Oct 1977 | Belgian |
| BUTZMANN, Florian | Director | 2019-11-07 | May 1975 | German |
| CLAXTON, Benjamin David | Director | 2026-01-01 | May 1985 | British |
| DEAN, Shaun | Director | 2019-11-07 | Oct 1965 | British |
| ELLAM, Adrian David | Director | 2016-01-01 | Sep 1970 | British |
| JONES, Glyn Owen | Director | 1998-03-16 | Sep 1966 | British |
| MORRIS, Bryan Wayne | Director | 2024-01-01 | Jul 1973 | British |
| TIGHE, Tommy | Director | 2019-11-07 | Oct 1950 | Irish |
| WELSON, Rhydian Craig | Director | 2002-01-09 | Apr 1969 | British |
| YAMAMOTO, Akira | Director | 2022-04-01 | Dec 1967 | Japanese |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HASPEL, Charles Roland | Secretary | 1998-03-16 | 2020-07-31 |
| HYLAND, Matthew William Edward | Nominee Secretary | 1998-02-05 | 1998-03-16 |
| CARMAN, Michael Terance | Director | 1998-03-16 | 1999-07-31 |
| CHIJIIWA, Toshihiko | Director | 2019-11-07 | 2023-12-31 |
| CURRAN, Kevin Michael | Director | 2005-10-01 | 2022-06-28 |
| FISHER, Jacqueline | Nominee Director | 1998-02-05 | 1998-03-16 |
| GUARINO, Nicola | Director | 2020-06-24 | 2023-12-31 |
| HASPEL, Charles Roland | Director | 1998-03-16 | 2020-07-31 |
| HYLAND, Matthew William Edward | Nominee Director | 1998-02-05 | 1998-03-16 |
| JONES, David Mark, Dr | Director | 1998-03-16 | 2024-12-31 |
| NOVELLO, Andrea | Director | 2019-11-07 | 2020-06-24 |
| OKUDA, Hideo | Director | 2019-11-07 | 2020-04-01 |
| SAKAI, Kuniaki | Director | 2019-11-07 | 2022-04-01 |
| TAKITA, Shoko | Director | 2020-04-01 | 2023-12-31 |
| TAMAKI, Makoto | Director | 2019-11-07 | 2023-12-31 |
| WHEATLEY, Robert Vaughan | Director | 1998-03-16 | 2000-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sumitomo Heavy Industries, Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-11-07 | Active |
Filing timeline
Last 20 of 173 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | AA | accounts | Accounts with accounts type group | |
| 2026-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-14 | AA | accounts | Accounts with accounts type group | |
| 2025-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-19 | AAMD | accounts | Accounts amended with accounts type group | |
| 2024-03-01 | AA | accounts | Accounts with accounts type group | |
| 2024-01-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-27 | AA | accounts | Accounts with accounts type group | |
| 2022-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-12 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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.