Inovattec Ltd
The company's principal activity during the year continued to be the development of proprietary technology combined with consulting services for licensed financial service providers, allowing consumers to securely transact with international merchants through local payment methods.
Revenue
£7.3m
▼ -72.8% vs prior ~12m period
Profit after tax
£4.0m
Margin 75.4%
Employees
2
– 0.0% vs prior ~12m period
Net assets
£15.4m
Total assets £15.5m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £7.3m | ▼ -72.8% | £5.4m | 2 | £15.4m |
| 31 Dec 2023 | £26.6m | ▲ +685.0% | £24.9m | 2 | £19.1m |
| 31 Dec 2022 | £3.4m | — | £3.7m | 2 | £16.4m |
| 30 Nov 2022 | £24.3m | ▲ +229.9% | £23.0m | 2 | £13.4m |
| 30 Nov 2021 | £7.4m | — | £7.1m | 2 | £296k |
| 31 Oct 2020 | — | — | — | 2 | £578k |
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
- £7.3m
- Gross profit
- £7.1m
- Operating profit
- £5.5m
- Profit before tax
- £5.4m
- Profit after tax
- £4.0m
Balance sheet
- Total assets
- £15.5m
- Cash
- £15.0m
- Total liabilities
- £59k
- Net assets
- £15.4m
- Revenue per employee
- £3.6m
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