Create Ovate Limited

Create Ovate Limited, based in Northwich, UK, is a small, active company founded 21 years ago in 2004. With two employees and £1,044,337 in assets, it operates from a virtual address—a detail worth noting as fifty-three other companies are registered at the same location. The company is led by one director and has two owners, though it’s important to remember that this list might not be exhaustive. It regularly imports clothing and accessories (excluding knitted or crocheted items), with 95 months of import activity recorded, the last in July 2023.

The company’s website, Learnovate, presents a very different picture. It's a membership-led research centre focused on the future of work and learning, collaborating with organisations to drive innovation. Learnovate doesn't seem to be a traditional retailer; rather, it functions as a hub for research, events, and advisory services, attracting members like LearnUpon and Workday. The website highlights research areas like accelerated digital transformation, wellbeing in the workplace, and the role of technology in education—a clear departure from the clothing import business.

Financially, Create Ovate Limited shows a mixed bag. Cash reserves increased significantly by 48%, reaching £950,000, while current assets also rose by 26% to £1,000,000. However, creditors jumped by a substantial 62%, reaching £550,000. Bank borrowings also increased, and trade debtors decreased by a large 53%, which could indicate issues with customer payments. The company’s small size—meeting two of three conditions for being classified as small—helps it remain agile, but the increase in creditors suggests it’s burning through cash faster. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. It's worth noting that the company’s core business—importing clothing—appears secondary to its research-focused activities.

Registered in England/Wales under the registration number 05040983, with a registered address at CW8 4EE, England, Northwich, Cheshire, St George's Court, Winnington Avenue.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.