Innovate Awarding Ltd
The principal activity of the Company is providing end-point assessment services for apprenticeship standards and vocational qualifications for work-based learning, across 15 sectors and growing.
Revenue
£12.0m
No comparable prior period
Profit after tax
£1.5m
Margin 12.9%
Employees
168
— vs prior ~12m period
Net assets
£15.9m
Total assets £17.9m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Jul 2023 | £12.0m | — | £1.5m | 168 | £15.9m |
| 31 Jan 2022 | £11.4m | — | £3.2m | 111 | £14.4m |
| 1 Feb 2021 | — | — | — | — | £11.1m |
Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.
Latest available figures
Period ending 31 Jul 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £12.0m
- Gross profit
- £11.4m
- Operating profit
- £1.5m
- Profit before tax
- £1.5m
- Profit after tax
- £1.5m
Balance sheet
- Total assets
- £17.9m
- Cash
- £430k
- Total liabilities
- £2.0m
- Net assets
- £15.9m
- Revenue per employee
- £71k
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