Innova8ive Solutions Ltd

Innova8ive Solutions Ltd is a small, active company based in Bradford, UK, founded ten years ago in 2015. The company, with a real address and two directors alongside one owner, operates in the retail sale via mail order houses or via internet, and other information technology service activities. It meets two of three conditions to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website highlights its mission to empower organizations to create accessible experiences, primarily serving government and private companies. Innova8ive Solutions provides digital accessibility audits, ongoing support, and monitoring for companies of all sizes. The website emphasizes user experience and innovation, positioning the company as a provider of accessibility solutions. It’s not immediately clear if the company operates its own e-commerce site, but the focus is on providing services rather than direct sales.

Financially, Innova8ive Solutions Ltd presents a concerning picture. Net assets and liabilities both sit at -£3,600, indicating a negative equity position. Cash reserves are virtually nonexistent, and bank borrowings are significant. Creditors have remained steady, but the overall trend suggests the company is struggling to generate profit and is likely burning through cash. The lack of employees (zero reported) suggests a lean operation, but it also limits the company’s ability to scale. With no auditor mentioned, the unaudited figures rely on director-reported data, which could be a cause for concern.

While the company’s focus on digital accessibility is a growing market, its current financial state suggests it needs to address its profitability issues quickly. The lack of a clear revenue stream beyond services could be a factor, and the company may need to explore new avenues for growth or risk facing serious financial difficulties.

Registered in England/Wales under the registration number 09378431, with a registered address at BD8 9NG, England, Bradford, 3 Hoxton Street.

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