INVENIO BUSINESS SOLUTIONS INVESTMENT LIMITED
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Cash
£2m
Latest balance sheet
Net assets
-£71m
Equity attributable
Employees
971
Average over period
Profit before tax
-£38m
Period ending 2023-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Disclaimer of opinion
Latest auditor's report carried a non-clean opinion.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Negative shareholders' funds
Net assets
1-year trend · vs Technology median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £75,245,434 | — | |
| Operating profit | -£31,423,564 | — | |
| Profit before tax | -£38,376,413 | — | |
| Net profit | -£39,150,420 | — | |
| Cash | £2,019,094 | — | |
| Total assets less current liabilities | -£57,573,006 | — | |
| Net assets | -£70,997,089 | — | |
| Equity | — | — | |
| Average employees | 971 | — | |
| Wages | £35,586,090 | — | |
| Directors' remuneration | £462,066 | — | |
| Directors' pension contributions | £5,520 | — | |
| Highest paid director | £319,761 | — |
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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 |
|---|---|---|
| Operating margin | -41.8% | |
| Net margin | -52.0% | |
| Gearing (liabilities / total assets) | 268.3% | |
| Current ratio | 0.34x | |
| Interest cover | -4.51x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Disclaimer of opinion
- Going concern
- Affirmed
“The Directors have adopted the going concern basis in preparing the financial statements for the year ended 31 March 2025. Based on the positive nature of these discussions and continued support, the Directors believe this matter should not pose an unmitigated risk to the Group's ability to continue as a going concern.”
Group structure
- INVENIO BUSINESS SOLUTIONS INVESTMENT LIMITED · parent
- Invenio Business Solutions Limited 100%
- Invenio Business Solutions DWC LLC 100%
- Invenio Business Solutions Pte Ltd 100%
- Invenio Business Solutions GmbH 100%
- Invenio Business Solutions Inc 100%
- Invenio Business Solutions Limited 100%
- Invenio Business Solutions LLC 100%
- Invenio Business Solutions Pvt Limited 100%
- Invenio Business Solutions SPC Limited 100%
- Proverbium Appsolutions Pvt Limited 100%
- Invenio Business Solutions Trustee Limited 100%
- Invenio Business Solutions Investment LLC 100%
- Labyrinth Solutions LLC 100%
- Invenio Business Solutions (Canada) Inc 100%
- Invenio Business Solutions Jordan LLC 100%
Significant events
- “The Group's ultimate parent entity changed during the financial year end as a result of a corporate restructuring event. On 6 November 2024, fixed charge receivers were appointed for the former parent, Invenio Business Solutions Holdings Limited. On 3 February 2025, the Group completed a transaction resulting in the transfer of all shares in Invenio Business Solutions Investment Limited to a new acquiring entity, Reef Bidco Limited.”
- “On 28 April 2025, the Group of which the Company is a part reached an agreement with a buyer to sell the entire share capital of Invenio Business Solutions Inc for a nominal consideration. This entity is no longer a subsidiary of the Company.”
- “In October 2025, the Invenio Business Solutions (Canada) Inc entity was sold and is no longer a subsidiary of the Company.”
- “The Group successfully replaced the RCF facility to a term loan which became effective on 15 July 2026 and matures on 30 September 2028 ensuring continuous long-term financing for the Group throughout the going concern assessment period.”
- “On 15 July 2026, the Group completed an internal balance sheet reorganisation to optimise the capital structure. This process involved transferring select liabilities from Invenio Business Solutions Limited deleveraging the primary operating business through a combination of equity adjustments and flexible intra-group loan arrangements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NEUHAUS NEVADO, Tomás Enrique | Director | 2025-04-07 | May 1988 | Spanish |
| OREN, Ran | Director | 2024-12-23 | Dec 1970 | German |
| PATOLE, Karan | Director | 2025-04-07 | Jan 1993 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALASUBRAMANIAM, Arun | Director | 2020-12-17 | 2023-10-07 |
| COXHEAD, Stephen Michael | Director | 2020-12-17 | 2023-12-07 |
| HENNESSY, Gordon Brandon Douglas | Director | 2023-12-20 | 2025-06-27 |
| TIRANDAZI, Nader | Director | 2023-10-07 | 2025-04-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Reef Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-02-03 | Active |
| Invenio Business Solutions Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-17 | Ceased 2025-02-03 |
Filing timeline
Last 20 of 46 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-29 RESOLUTIONS Resolution
- 2025-04-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type group | |
| 2026-07-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-24 | AA | accounts | Accounts with accounts type group | |
| 2026-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-10 | AA | accounts | Accounts with accounts type group | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-29 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-29 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-18 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-14 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2024-11-14 | PARENT_ACC | accounts | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.