Innovatech Consultancy Limited

Innovatech Consultancy Limited, based in London, UK, is a small, active company founded six years ago. With a single employee and £28,533 in assets, it operates from a virtual address shared by 753 other companies. The company is led by a single director and owner, Doganay Veysel Mert, who also acts as the solo founder.

The company’s website showcases a broad range of services, primarily focused on digital transformation consulting. It offers expertise in areas like consulting, training, MVP development, software development, web development, and marketing campaigns. It caters to diverse industries including construction, real estate, energy, manufacturing, e-commerce, retail, agriculture, AgTech, transportation, and logistics. The website emphasizes empowering businesses to unlock their potential through digital transformation, offering assessment tests and consultations.

Financially, Innovatech Consultancy Limited presents a mixed picture. Cash reserves have seen a dramatic increase of 1200%, reaching £8,400, while bank borrowings have decreased by 40% to £1,500. Creditors have also fallen by 40%, to £1,500, suggesting improved debt management. However, net assets have surged by a remarkable 930%, reaching £19,000, and trade debtors have increased by 22%, to £20,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is consistent with its status as a small, exempt company.

Overall, Innovatech Consultancy Limited appears to be in a reasonably healthy position, with a significant increase in cash reserves. However, the growth in trade debtors warrants monitoring, and the company’s reliance on a single employee could present challenges for scaling operations. The sharp increase in equity suggests a successful year, though further analysis of the company’s activities would be needed to fully understand the underlying drivers.

Registered in England/Wales under the registration number 11543359, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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