innorian research & development limited
innorian research & development limited Company Information
Company Number
09753792
Next Accounts
Dec 2025
Shareholders
aqualand industries limited
Group Structure
View All
Industry
Manufacture of sports goods
Registered Address
1 mariner court, calder business park, wakefield, WF4 3FL
Website
innorian.co.ukinnorian research & development limited Estimated Valuation
Pomanda estimates the enterprise value of INNORIAN RESEARCH & DEVELOPMENT LIMITED at £836.5k based on a Turnover of £1.2m and 0.71x industry multiple (adjusted for size and gross margin).
innorian research & development limited Estimated Valuation
Pomanda estimates the enterprise value of INNORIAN RESEARCH & DEVELOPMENT LIMITED at £0 based on an EBITDA of £-420.7k and a 5.2x industry multiple (adjusted for size and gross margin).
innorian research & development limited Estimated Valuation
Pomanda estimates the enterprise value of INNORIAN RESEARCH & DEVELOPMENT LIMITED at £0 based on Net Assets of £-981.1k and 1.67x industry multiple (adjusted for liquidity).
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Innorian Research & Development Limited Overview
Innorian Research & Development Limited is a live company located in wakefield, WF4 3FL with a Companies House number of 09753792. It operates in the manufacture of sports goods sector, SIC Code 32300. Founded in August 2015, it's largest shareholder is aqualand industries limited with a 100% stake. Innorian Research & Development Limited is a established, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.
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Innorian Research & Development Limited Health Check
Pomanda's financial health check has awarded Innorian Research & Development Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£11.3m)
- Innorian Research & Development Limited
£11.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 67%, show it is growing at a faster rate (15.7%)
- Innorian Research & Development Limited
15.7% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
- Innorian Research & Development Limited
34.8% - Industry AVG
Profitability
an operating margin of -45.8% make it less profitable than the average company (4%)
- Innorian Research & Development Limited
4% - Industry AVG
Employees
with 11 employees, this is below the industry average (59)
11 - Innorian Research & Development Limited
59 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
- Innorian Research & Development Limited
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £106.8k, this is less efficient (£191.6k)
- Innorian Research & Development Limited
£191.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Innorian Research & Development Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (36 days)
- Innorian Research & Development Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 216 days, this is more than average (142 days)
- Innorian Research & Development Limited
142 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Innorian Research & Development Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 150%, this is a higher level of debt than the average (52.7%)
150% - Innorian Research & Development Limited
52.7% - Industry AVG
INNORIAN RESEARCH & DEVELOPMENT LIMITED financials
Innorian Research & Development Limited's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of -£981.1 thousand. According to their latest financial statements, Innorian Research & Development Limited has 11 employees and maintains cash reserves of £5.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 11 | 6 | 2 | 2 | 5 | 4 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 94,722 | 109,882 | 38,843 | 34,696 | 35,007 | 41,003 | 17,064 | 20,198 | 12,725 |
| Intangible Assets | 963,825 | 916,134 | 825,139 | 791,011 | 791,011 | 814,482 | 425,399 | 152,192 | 26,640 |
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 1,058,547 | 1,026,016 | 863,982 | 825,707 | 826,018 | 855,485 | 442,463 | 172,390 | 39,365 |
| Stock & work in progress | 454,186 | 352,622 | 213,271 | 110,000 | 67,000 | ||||
| Trade Debtors | |||||||||
| Group Debtors | 344,708 | 295,152 | 334,433 | 203,666 | 219,949 | 64,238 | |||
| Misc Debtors | 98,448 | 178,003 | 148,014 | 20,052 | 137,895 | 202,812 | 120,682 | 42,294 | 18,209 |
| Cash | 5,058 | 10,817 | 13,389 | 55,132 | 24,853 | 20,876 | 117,254 | 554,609 | 750,001 |
| misc current assets | |||||||||
| total current assets | 902,400 | 836,594 | 709,107 | 388,850 | 449,697 | 287,926 | 237,936 | 596,903 | 768,210 |
| total assets | 1,960,947 | 1,862,610 | 1,573,089 | 1,214,557 | 1,275,715 | 1,143,411 | 680,399 | 769,293 | 807,575 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 87,694 | 63,721 | 34,551 | 31,591 | 10,051 | 17,763 | 10,182 | 4,658 | 15,630 |
| Group/Directors Accounts | 2,102,814 | 1,865,066 | 1,229,747 | 985,804 | 903,659 | 641,066 | |||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 751,493 | 377,605 | 345,176 | 93,915 | 5,061 | 9,166 | 108,923 | 101,685 | 59,423 |
| total current liabilities | 2,942,001 | 2,306,392 | 1,609,474 | 1,111,310 | 918,771 | 667,995 | 119,105 | 106,343 | 75,053 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 2,942,001 | 2,306,392 | 1,609,474 | 1,111,310 | 918,771 | 667,995 | 119,105 | 106,343 | 75,053 |
| net assets | -981,054 | -443,782 | -36,385 | 103,247 | 356,944 | 475,416 | 561,294 | 662,950 | 732,522 |
| total shareholders funds | -981,054 | -443,782 | -36,385 | 103,247 | 356,944 | 475,416 | 561,294 | 662,950 | 732,522 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 25,164 | 20,316 | 12,682 | 11,288 | 11,135 | 8,356 | 5,520 | 5,171 | 1,078 |
| Amortisation | 91,825 | 79,101 | 3,535 | 3,535 | 2,874 | 2,726 | 498 | ||
| Tax | |||||||||
| Stock | 101,564 | 139,351 | 103,271 | 43,000 | 67,000 | ||||
| Debtors | -29,999 | -9,292 | 258,729 | -134,126 | 90,794 | 146,368 | 78,388 | 24,085 | 18,209 |
| Creditors | 23,973 | 29,170 | 2,960 | 21,540 | -7,712 | 7,581 | 5,524 | -10,972 | 15,630 |
| Accruals and Deferred Income | 373,888 | 32,429 | 251,261 | 88,854 | -4,105 | -99,757 | 7,238 | 42,262 | 59,423 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 237,748 | 635,319 | 243,943 | 82,145 | 262,593 | 641,066 | |||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -5,759 | -2,572 | -41,743 | 30,279 | 3,977 | -96,378 | -437,355 | -195,392 | 750,001 |
| overdraft | |||||||||
| change in cash | -5,759 | -2,572 | -41,743 | 30,279 | 3,977 | -96,378 | -437,355 | -195,392 | 750,001 |
innorian research & development limited Credit Report and Business Information
Innorian Research & Development Limited Competitor Analysis
Perform a competitor analysis for innorian research & development limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WF4 area or any other competitors across 12 key performance metrics.
innorian research & development limited Ownership
INNORIAN RESEARCH & DEVELOPMENT LIMITED group structure
Innorian Research & Development Limited has no subsidiary companies.
Ultimate parent company
2 parents
INNORIAN RESEARCH & DEVELOPMENT LIMITED
09753792
innorian research & development limited directors
Innorian Research & Development Limited currently has 3 directors. The longest serving directors include Mr Stuart Lomax (Aug 2015) and Mr Graham Berks (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Lomax | United Kingdom | 59 years | Aug 2015 | - | Director |
| Mr Graham Berks | England | 70 years | Nov 2015 | - | Director |
| Mr Gregory Allsopp | United Kingdom | 45 years | Nov 2015 | - | Director |
P&L
March 2024turnover
1.2m
+72%
operating profit
-537.7k
0%
gross margin
34.8%
+1.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-981.1k
+1.21%
total assets
2m
+0.05%
cash
5.1k
-0.53%
net assets
Total assets minus all liabilities
innorian research & development limited company details
company number
09753792
Type
Private limited with Share Capital
industry
32300 - Manufacture of sports goods
incorporation date
August 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
1 mariner court, calder business park, wakefield, WF4 3FL
Bank
-
Legal Advisor
-
innorian research & development limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to innorian research & development limited.
innorian research & development limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for INNORIAN RESEARCH & DEVELOPMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
innorian research & development limited Companies House Filings - See Documents
| date | description | view/download |
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