Innovative Technology Limited
Active01954947Professional servicesIncorporated 5 Nov 1985 · Oldham
The principal activity of the Company continued to be the design, assembly and distribution of equipment for automated transactions.
Revenue
£61.2m
▲ +108.7% vs prior ~12m period
Profit after tax
£8.3m
Margin 15.2%
Employees
200
▲ +2.0% vs prior ~12m period
Net assets
£36.7m
Total assets £48.0m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Dec 2018Not available
Dec 2019
£33.5m
Dec 2020
£22.2m▼ -33.8%
Dec 2021
£29.3m▲ +32.3%
Dec 2022
£61.2m▲ +108.7%
Dec 2023Not available
Dec 2024Not available
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | — | — | £11.5m | 200 | £36.7m |
| 31 Dec 2023 | — | — | £10.4m | 196 | £35.9m |
| 31 Dec 2022 | £61.2m | ▲ +108.7% | £9.3m | 176 | £27.3m |
| 31 Dec 2021 | £29.3m | ▲ +32.3% | £220k | 148 | £20.5m |
| 31 Dec 2020 | £22.2m | ▼ -33.8% | £1.8m | 183 | £21.9m |
| 31 Dec 2019 | £33.5m | — | £1.4m | 221 | £20.3m |
| 31 Dec 2018 | — | — | — | — | £20.1m |
Latest available figures
Period ending 31 Dec 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £61.2m
- Gross profit
- £21.8m
- Operating profit
- £9.3m
- Profit before tax
- £9.3m
- Profit after tax
- £8.3m
Balance sheet
- Total assets
- £48.0m
- Cash
- £15.7m
- Total liabilities
- £11.3m
- Net assets
- £36.7m
- Revenue per employee
- Not available
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