Innova Solutions Limited

Innova Solutions Ltd, based in Harrogate, UK, is a small holding company with an active status, established 22 years ago. Employing 26 people, the company holds assets worth £2,294,749, but operates from a virtual address, a detail that raises some questions. Five directors and one owner (though the list of owners changed a year ago and isn't exhaustive) guide the company's operations. Innova Solutions is a regular importer and exporter of plastics and plastic products, with 341 months of import activity and 88 months of export activity, the last operations both occurring in February 2025.

The company’s website highlights a focus on bonding solutions and technical support, showcasing a range of products including adhesive tapes, structural adhesives, and photoluminescent safety signage. The site emphasizes quality and performance, drawing parallels to natural phenomena like ant strength and rocket speed to illustrate product capabilities. It’s clear that Innova Solutions operates in the wholesale of other intermediate products, the other professional, scientific and technical activities n.e.c., and the other service activities n.e.c. industries. The website's layout and content suggest a B2B model rather than direct e-commerce.

Financially, Innova Solutions presents a mixed picture. While cash reserves decreased by 33% to £140,000, bank borrowings saw a significant increase, rising by 220% to £470,000. Creditors also increased by 22%, reaching £1.2 million. Net assets declined by 13% to £1.3 million, and turnover is likely under £10.2 million. The company’s small size—meeting two of three criteria—allows for agility, but the rise in debt and decrease in equity warrant closer scrutiny. No auditor is mentioned, consistent with its status as a small company.

Overall, Innova Solutions appears to be navigating a period of change. While its core business of importing and exporting plastics remains active, the financial data suggests a need to manage debt and maintain a healthy equity base.

Registered in England/Wales under the registration number 04470338, with a registered address at HG3 1GY, England, Harrogate, North Yorkshire, 3 Greengate Cardale Park.

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