Innovations Plus Limited

Innovations Plus Ltd, based in Daventry, UK, is a small, family-run business with an active status. Founded thirteen years ago in 2011, the company employs eight people and holds £331,649 in assets. With a real registered address and three directors, alongside two owners, it’s a well-established operation. The firm irregularly imports optical and medical tools and devices, with the last import activity recorded one month ago, and exports plastics and plastic products, with the last export activity also recorded one month ago.

The company’s website reveals a focus on renovation, infill, and construction. Innovations Plus positions itself as a full-service custom design-build firm, specializing in managing projects from start to finish. They offer in-house custom design and construction services, catering to both new home construction and renovations. The website highlights a customer-specific approach, expert craftsmanship, and thirty years of construction excellence, showcasing past projects and emphasizing a comfortable building experience for their clients.

Financially, Innovations Plus Ltd presents a mixed picture. While cash reserves increased by a healthy 41% to £210,000, net assets decreased slightly by 1.9% to £540,000. Bank borrowings surged by 70% to £35,000, and amounts owed by directors increased significantly by 250% to £67,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in director loans and the decrease in trade debtors (down 63%) suggests potential cash flow pressures. No auditor is mentioned, likely due to the company’s small size and exemption from audit. The company is likely doing well, but needs to keep an eye on its debts.

Registered in England/Wales under the registration number 07800502, with a registered address at NN11 8QT, England, Daventry, 2c Riley Close, Royal Oak Industrial Estate.

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