The Innovess Group CIC
Registered name: THE INNOVESS GROUP CIC
The Innovess Group CIC made £47.4k revenue and £8.1k profit in the year to 31 Mar 2026.
The Innovess Group CIC’s revenue was £47.4k in the year to 31 Mar 2026, with £8.1k profit and 1 employee. The company is classified under “other business support service activities” and is based in Yeovil; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Yeovil, South West
- Age
- 3 yrs · since 2023
- 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 | 31 May 2024 | 31 May 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £73.2k | £78.9k | £47.4k |
| Cost of sales | £8.6k | £7.9k | £3.2k |
| Gross profit | £64.6k | £70.9k | £44.3k |
| Operating profit | −£8k | −£5.4k | £8.1k |
| Profit before tax | −£8k | −£5.7k | £8.1k |
| Profit after tax | −£8k | −£5.7k | £8.1k |
| Profit (best available) | −£8k | −£5.7k | £8.1k |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | −11% | −7.2% | 17% |
| Gross margin | 88.2% | 89.9% | 93.3% |
| Revenue per employee | £73.2k | £78.9k | £47.4k |
| Profit per employee | −£8k | −£5.7k | £8.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲7.8% | — |
| Headcount growth | — | 0% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.6k | £4.6k | £5.2k |
| Net assets | −£8k | −£13.7k | −£5.7k |
| Current assets | £3.9k | £6k | £6.2k |
| Debtors | £358 | £1.4k | £1k |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 17%
- Profit ÷ revenue.
- Gross margin
- 93.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £47.4k
- Revenue ÷ average employees.
- Profit per employee
- £8.1k
- 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
- 2.2%
- 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
- —
- Now −£5.7k
- Cash at bank
- —
- Now £5.2k
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £8.1k), from the Companies House accounts bulk data published Jul 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.