INNOVAGEN LIMITED

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

• Turnover

  -62.9%

  £35,561 → £13,204

• Cash

  +206.1%

  £10,870 → £33,276

  highest in 3 filed years

• Net assets

  -35.1%

  -£3,149,216 → -£4,254,281

• Employees

  +16.7%

  6 → 7

  highest in 3 filed years

• Operating profit

  -7.9%

  -£870,840 → -£939,732

• Profit before tax

  -13.2%

  -£1,061,759 → -£1,202,176

  lowest in 3 filed years

• Wages

  +18.2%

  £320,316 → £378,617

  highest in 3 filed years

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. INNOVAGEN LIMITED 2022-03-22 → present
2. INNOVA AGS LIMITED 2017-08-24 → 2022-03-22

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Arnold Hill & Co LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered a period of 12 months from the date of approval of these financial statements in preparing their going concern assessment. The going concern assessment is dependent on the ultimate parent, Innova Capital Limited, not seeking repayment of the amounts due to other group entities. Innova Capital Limited has indicated its intention to continue to make funds available as needed by the company and will not seek repayment of amounts due during the going concern assessment period. Consequently, the directors are confident that the company has sufficient funds to meet liabilities as they fall due for at least 12 months and have prepared the financial statements on a going concern basis.”

Significant events

• “The company's principal activity during the year continued to be developing a prototype end to end pyrolysis solution for converting waste into energy. The company is in a research and development phase with turnover generated from testing activities.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.