Innov4te CIC
Registered name: INNOV4TE CIC
Innov4te CIC made £41.2k revenue and £1k profit in the year to 28 Feb 2026.
Innov4te CIC’s revenue fell 62% to £41.2k in the year to 28 Feb 2026, with £1k profit and 1 employee. The company is classified under “general secondary education” and is based in Dudley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Dudley, West Midlands
- Age
- 5 yrs · since 2021
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 28 Feb 2024 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £91.8k | £181k | £107k | £41.2k |
| Cost of sales | £40.4k | £68.7k | £15k | £1.8k |
| Gross profit | £51.3k | £113k | £92.5k | £39.4k |
| Operating profit | £3.3k | −£10.6k | £3k | £1.3k |
| Profit before tax | £3.3k | −£10.6k | £3k | £1.3k |
| Profit after tax | £3.3k | −£10.6k | £2.5k | £1k |
| Profit (best available) | £3.3k | −£10.6k | £2.5k | £1k |
| Employees (average) | 1 | 2 | 2 | 1 |
| Ratios | ||||
| Profit margin | 3.6% | −5.9% | 2.3% | 2.5% |
| Gross margin | 56% | 62.1% | 86.1% | 95.7% |
| Revenue per employee | £91.8k | £90.7k | £53.7k | £41.2k |
| Profit per employee | £3.3k | −£5.3k | £1.2k | £1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲97.7% | ▼40.8% | ▼61.6% |
| Profit growth | — | ▼423.9% | — | ▼58.6% |
| Headcount growth | — | ▲100% | 0% | ▼50% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £14.1k | £3.4k | £2.1k | £1.5k |
| Net assets | −£23.5k | £5.3k | £7.8k | £8.8k |
| Fixed assets | £2.5k | £0 | — | — |
| Current assets | £48.9k | £71.3k | £2.1k | £14.3k |
| Debtors | £34.8k | £67.9k | £1 | £12.8k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 2.5%
- Profit ÷ revenue.
- Gross margin
- 95.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £41.2k
- Revenue ÷ average employees.
- Profit per employee
- £1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 31%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲13%
- Now £8.8k
- Cash at bank
- ▼30%
- Now £1.5k
- Headcount
- ▼50%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £1k), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.