INNOMOTICS MOTORS AND LARGE DRIVES LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2026-10-16 (in 5mo)
Last made up 2025-10-02
Watchouts
Cash
£670K
-30% vs 2023
Net assets
-£9M
+24.5% vs 2023
Employees
70
+29.6% vs 2023
Profit before tax
£1M
+406.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · latest reflected 2024-09-30
| Metric | Trend | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|
| Turnover | — | £17,346,000 | £21,934,000 | |
| Operating profit | — | £1,129,000 | £2,281,000 | |
| Profit before tax | — | £256,000 | £1,297,000 | |
| Net profit | — | £194,000 | £440,000 | |
| Cash | — | £957,000 | £670,000 | |
| Total assets less current liabilities | — | £3,725,000 | £6,910,000 | |
| Net assets | £100 | -£12,084,000 | -£9,119,000 | |
| Equity | £100 | -£12,084,000 | -£9,119,000 | |
| Average employees | — | 54 | 70 | |
| Wages | — | £3,714,000 | £4,867,000 | |
| Directors' remuneration | — | £337,000 | £374,000 |
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 2024-09-30 vs 2023-09-30
-
Turnover
+26.4%
£17,346,000 £21,934,000
-
Cash
-30%
£957,000 £670,000
-
Net assets
+24.5%
-£12,084,000 -£9,119,000
-
Employees
+29.6%
54 70
-
Operating profit
+102%
£1,129,000 £2,281,000
-
Profit before tax
+406.6%
£256,000 £1,297,000
-
Wages
+31%
£3,714,000 £4,867,000
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 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|
| Operating margin | — | 6.5% | 10.4% | |
| Net margin | — | 1.1% | 2.0% | |
| Return on capital employed | — | 30.3% | 33.0% | |
| Gearing (liabilities / total assets) | — | 244.6% | 179.8% | |
| Current ratio | — | 1.72x | 2.41x | |
| Interest cover | — | 1.25x | 2.19x |
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
- INNOMOTICS MOTORS AND LARGE DRIVES LIMITED 2023-07-10 → present
- SIEMENS LARGE DRIVES LIMITED 2022-01-17 → 2023-07-10
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have performed a detailed review of the Company's cash flow forecasts, including severe but plausible downside scenarios, and the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “On 1st January 2024, Christian Powles succeeded Geoffrey Hirst as Chief Executive Officer following Mr Hirst's retirement.”
- “On 1st October 2023, the Company expanded its portfolio by acquiring Siemens plc's low voltage motors (LVM), gear motors and high-precision motor spindles business through the issue of 6.4 million ordinary shares for £6.2 million.”
- “On 31st January 2024, the Company sold its Gear Motors business to Innomotics GmbH for £1.358 million.”
- “On 1 October 2024, Siemens AG (ultimate parent) finalised the sale of Innomotics GmbH (parent) to KPS Capital Partners.”
- “Following the end of the financial reporting period, Innomotics GmbH (sole shareholder) waived and released £5.0m of the outstanding £15.5m intercompany loan by way of unconditional capital contribution to equity, alongside a repayment of £1.5m loan principal and £1.9m interest. The remaining £9.0m intercompany loan maturity date was extended to 19 December 2028.”
- “After the reporting date (9 October 2024), the Company entered a new long-term property lease for its Weiss business premises, leading to recognition of approximately £1m in right-of-use assets and corresponding lease liability, plus £0.72m in leasehold improvements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KREMPIEN, Mary | Director | 2026-02-19 | Aug 1972 | German |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HATTON, Vernon Richard Isaiah | Director | 2022-01-17 | 2023-01-31 |
| HIRST, Geoffrey Ladson | Director | 2022-01-17 | 2024-03-01 |
| POWLES, Christian, Mr. | Director | 2024-03-01 | 2026-02-20 |
| UCHOA, Rodrigo Torres | Director | 2023-02-06 | 2026-02-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Siemens Aktiengesellschaft | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-01-17 | Ceased 2024-10-01 |
Filing timeline
Last 20 of 29 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-07-10 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-03 | AA | accounts | Accounts with accounts type full | |
| 2025-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-11-15 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-10-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-15 | AD04 | address | Move registers to registered office company with new address | |
| 2024-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-19 | SH01 | capital | Capital allotment shares | |
| 2023-11-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-16 | AD03 | address | Move registers to sail company with new address | |
| 2023-10-13 | AD02 | address | Change sail address company with new address | |
| 2023-10-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-10 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-03-27 | AA | accounts | Accounts with accounts type dormant |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.