Innovate Foods Limited
ActiveSC116286ManufacturingIncorporated 16 Feb 1989 · Kirkcaldy
Revenue
£27.0m
▲ +11.0% vs prior ~12m period
Profit after tax
£705k
Margin 3.4%
Employees
109
▲ +14.7% vs prior ~12m period
Net assets
£8.8m
Total assets £13.1m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
May 2020Not available
Jan 2021
£10.4m
Dec 2021
£20.0m▲ +91.9%
Dec 2022
£24.0m▲ +20.0%
Dec 2023
£24.3m▲ +1.5%
Dec 2024
£27.0m▲ +11.0%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £27.0m | ▲ +11.0% | £914k | 109 | £8.8m |
| 31 Dec 2023 | £24.3m | ▲ +1.5% | £680k | 95 | £8.1m |
| 31 Dec 2022 | £24.0m | ▲ +20.0% | £1.6m | 101 | £7.6m |
| 31 Dec 2021 | £20.0m | ▲ +91.9% | £1.2m | 88 | £6.3m |
| 1 Jan 2021 | £10.4m | — | £499k | 76 | £5.3m |
| 1 May 2020 | — | — | — | — | £4.8m |
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 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £27.0m
- Gross profit
- £4.0m
- Operating profit
- £913k
- Profit before tax
- £914k
- Profit after tax
- £705k
Balance sheet
- Total assets
- £13.1m
- Cash
- £677k
- Total liabilities
- £4.3m
- Net assets
- £8.8m
- Revenue per employee
- £248k
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