INEVEXCO LTD
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Cash
£1.4M
-48.7% vs 2024
Net assets
£2.4M
-5.9% vs 2024
Employees
18
-18.2% lowest in 3 filed years
Profit before tax
£2.2M
-2.3% first positive since 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £3,191,316 | £3,991,112 | £4,037,662 | +1.2% | |
| Operating profit | — | — | — | -£188,146 | £2,274,060 | £2,225,105 | -2.2% | |
| Profit before tax | — | — | — | -£176,873 | £2,291,403 | £2,239,631 | -2.3% | |
| Net profit | — | — | — | -£134,361 | £2,248,574 | £2,246,708 | -0.1% | |
| Cash | £1,144,596 | £1,863,643 | £1,625,263 | £2,745,520 | £2,773,713 | £1,422,079 | -48.7% | |
| Total assets less current liabilities | — | — | — | £2,250,270 | £2,499,161 | £2,350,552 | -5.9% | |
| Net assets | £834,312 | £1,140,079 | — | £2,250,270 | £2,498,844 | £2,350,552 | -5.9% | |
| Equity | £834,312 | £1,140,079 | £425,787 | £2,250,270 | £2,498,844 | £2,350,552 | -5.9% | |
| Average employees | — | — | — | 21 | 22 | 18 | -18.2% | |
| Wages | — | — | — | £2,739,666 | £1,052,920 | £1,041,901 | -1% | |
| Directors' remuneration | — | — | — | £2,170,790 | £234,089 | £232,184 | -0.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -5.9% | 57.0% | 55.1% | |
| Net margin | — | — | — | -4.2% | 56.3% | 55.6% | |
| Return on capital employed | — | — | — | -8.4% | 91.0% | 94.7% | |
| Current ratio | — | — | — | 2.71x | 3.03x | 2.27x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties they may cast doubt on the Company's ability to continue as a going concern.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BREE, Michelle | Director | 2025-10-10 | Jun 1986 | Irish |
| COUSINS, David Michael Edwin | Director | 2026-02-26 | Jan 1973 | British |
| CRAWFORD, Charles Robertson | Director | 2025-11-03 | Mar 1964 | British |
| HARRIS, Nicholas George Robert | Director | 2025-11-21 | May 1974 | British |
| WHITTINGHAM, James Oliver | Director | 2025-11-22 | Aug 1977 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLAIR, Mark Edward | Director | 2018-03-01 | 2026-06-08 |
| CLAYTON, Mark Bernard Edward | Director | 2013-03-31 | 2025-05-01 |
| CROCKER, Shelley | Director | 2018-03-01 | 2026-05-01 |
| GOUGH, Sean Nigel | Director | 2024-01-01 | 2024-04-23 |
| HARRISON, John Patrick | Director | 2011-09-12 | 2013-04-01 |
| HARRISON, Justine Louise | Director | 2011-09-12 | 2013-04-01 |
| HEATHFIELD, David James | Director | 2024-01-01 | 2025-10-31 |
| QUILTER, Stuart James | Director | 2024-01-01 | 2026-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Assuredpartners International Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-05-03 | Active |
| Mr Mark Bernard Edward Clayton | Individual | Shares 75–100%, Voting 75–100%, Appoints directors, Appoints directors (as firm), Significant influence, Significant influence (as firm) | 2016-04-06 | Ceased 2023-05-03 |
Filing timeline
Last 20 of 78 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-26 MA Memorandum articles
- 2026-03-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-22 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-06-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-05 | AA | accounts | Accounts with accounts type full | |
| 2026-05-30 | SH08 | capital | Capital name of class of shares | |
| 2026-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-01 | AD03 | address | Move registers to sail company with new address | |
| 2026-05-01 | AD02 | address | Change sail address company with new address | |
| 2026-03-26 | SH08 | capital | Capital name of class of shares | |
| 2026-03-26 | MA | incorporation | Memorandum articles | |
| 2026-03-26 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-25 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-23 | CH01 | officers | Change person director company with change date | |
| 2025-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 3
- Officers appointed
- 5
- Officers resigned
- 4
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.