How much does Ir Equipment Limited make?

Ir Equipment Limited reported revenue of £0 and a loss of £11.8k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ir Equipment Limited have?

Ir Equipment Limited reported an average of 0 employees in the year to 31 Dec 2023.

Is Ir Equipment Limited profitable?

No — Ir Equipment Limited reported a loss of £11.8k in the year to 31 Dec 2023.

Company No. 14760692 · Incorporated 27 Mar 2023

Ir Equipment Limited

Registered name: IR EQUIPMENT LIMITED

Part of Innova Capital Limited group

Ir Equipment Limited made £0 revenue and a £11.8k loss in the year to 31 Dec 2023. read from filing text

Ir Equipment Limited’s revenue was £0 in the year to 31 Dec 2023, with a loss of £11.8k and 0 employees. The company is classified under “other engineering activities” and is based in Cheltenham.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities

Status: Active
Location: Cheltenham, South West
Age: 3 yrs · since 2023
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “As at”

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

£0

Growth —

Profit

−£11.8k

Growth —

Profit margin

—

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023
Disclosure	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£0
Operating profit	−£4.2k
Profit before tax	−£11.8k
Profit after tax	−£11.8k
Profit (best available)	−£11.8k
Employees (average)	0
Ratios
Profit margin	—
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2k
Net assets	−£11.8k
Current assets	£447k
Debtors	£431k
Deferred income	£4.2k
Source	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: —; Now −£11.8k
Cash at bank: —; Now £1.2k
Headcount: —; Now 0
Deferred income: —; Now £4.2k
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Innova Capital Limitedultimate parent75–100%
Innova Renewables Limited75–100%
Ir Dno Limited75–100%
Innova Renewables Holdings Limited75–100%
Ir Equipment Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

Innova Energy II LimitedRev. £22.1m · Profit −£964k
Innova Holdings LimitedRev. £0 · Profit −£3.6k
Innova Bidco LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£11.8k), from the Companies House accounts bulk data published Sep 2024. 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.