Innovatiles Limited

Innovatiles Ltd, based in High Wycombe, UK, is a small, active company founded 10 years ago. With two employees and £158,138 in assets, it operates from a virtual address shared by 63 other companies, a detail that warrants further investigation. The company is led by a solo founder and director, Saili Arun Kumar, and maintains a stellar 5.0 Google rating based on 30 reviews. Innovatiles is a regular importer of ceramic products, with 24 months of import activity recorded, the last in March 2025.

The company’s website showcases a focus on interior design and flooring solutions. It positions itself as a partner in “home transformation,” offering a wide range of porcelain tiles and wood flooring options. The site emphasizes expert support and inspiration, encouraging visitors to explore their offerings and connect with their team. A showroom visit is also promoted, inviting customers to experience the products firsthand. The company operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores.

Financially, Innovatiles Ltd presents a mixed picture. Current assets have fallen by 43% to £160,000, while cash reserves have dropped even further, decreasing by 68% to just £46,000. Bank borrowings have increased significantly, and creditors have also decreased, suggesting a need for better cashflow management. Equity has fallen by 56% to £44,000, which is a concerning trend. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the declining equity and cash reserves suggest it may be burning through money. No auditor is mentioned, which is typical for small, exempt companies.

The company's reliance on a virtual address and the declining financial metrics raise questions about its long-term sustainability. While the website projects a professional image and the Google reviews are excellent, the financial data suggests a need for careful management and a focus on profitability.

Registered in England/Wales under the registration number 09172712, with a registered address at HP12 3DZ, England, High Wycombe, 31 Dashwood Avenue.

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