Innovation Leisure Ltd

Innovation Leisure Ltd, based in Warrington, UK, is a small, active company founded nine years ago in 2016. Employing fourteen people and holding assets of £1,503,220, it operates from a real address and is managed by a single director and owner. The company is a regular importer of toys, games, and sports equipment, with nineteen months of import activity recorded, and a regular exporter of furniture, lighting, and prefabricated buildings, with six months of export activity. It's a manufacture of sports goods industries.

The company’s website showcases a diverse range of services, specializing in the design, build, and maintenance of leisure facilities. From padel courts and inflatable parks to ninja warrior courses and trampoline parks, Innovation Leisure caters to a growing demand for engaging recreational experiences. It’s clear they are not an ecommerce business, but rather a B2B supplier and installer, working with clients across the UK and Europe. They even have exclusive partnerships.

Financially, Innovation Leisure Ltd shows some concerning trends. Accumulated depreciation increased significantly, particularly in commercial motor vehicles, computer equipment, and plant machinery. The number of employees has also dropped by nearly thirty percent, from fourteen to just ten. Bank borrowings decreased slightly, but cash reserves only grew modestly. Creditors, however, have surged, and trade debtors have also increased, suggesting potential cash flow challenges. Despite meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the decline in net assets and increased debt warrants closer scrutiny. The company's accounts are unaudited, relying on director-reported data.

While the company's services are in demand, the financial data suggests it might be burning through cash. The decrease in employees could be a cost-cutting measure, or perhaps a reflection of project delays. It’s difficult to say for sure, but the trends indicate a need for careful financial management.

Registered in England/Wales under the registration number 10064634, with a registered address at WA1 2PB, England, Warrington, 4 Farrell Industrial Estate, Howley Lane.

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